Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  YARDLEY JAMES C
 2. Date of Event Requiring Statement (Month/Day/Year)
05/01/2005		 3. Issuer Name and Ticker or Trading Symbol
EL PASO CORP/DE [EP]
(Last)
(First)
(Middle)
EL PASO CORPORATION, 1001 LOUISIANA STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
PRESIDENT, SOUTHERN P/L GROUP
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77002-		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 108,886 (1)
D
 
Common Stock 16,330
I
401 (K) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) (2) 04/01/2005(3) 04/01/2014 Common Stock 48,875 $ 7.09 D  
Stock Option (right to buy) (2) 04/01/2006(3) 04/01/2015 Common Stock 45,462 $ 10.685 D  
Stock Option (right to buy) (2) 12/04/1999 12/03/2008 Common Stock 16,400 $ 27.4375 D  
Stock Option (right to buy) (2) 11/30/1996 11/29/2005 Common Stock 4,900 $ 32.25 D  
Stock Option (right to buy) (2) 10/25/2000 10/25/2009 Common Stock 63,000 $ 42.125 D  
Stock Option (right to buy) (2) 12/05/1998 12/04/2007 Common Stock 8,000 $ 43.8125 D  
Stock Option (right to buy) (2) 04/23/1999 04/22/2008 Common Stock 10,000 $ 43.875 D  
Stock Option (right to buy) (2) 08/13/2002 08/13/2011 Common Stock 40,000 $ 46.275 D  
Stock Option (right to buy) (2) 12/05/1997 12/04/2006 Common Stock 7,000 $ 52 D  
Stock Option (right to buy) (2) 01/29/2002 01/29/2011 Common Stock 61,375 $ 62.975 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
YARDLEY JAMES C
EL PASO CORPORATION
1001 LOUISIANA STREET
HOUSTON, TX 77002-		       PRESIDENT, SOUTHERN P/L GROUP  

Signatures

Alan Bishop (POA) 05/09/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(2) The nonqualified stock options permit the exercise price and/or tax obligation to be satisfied by withholding shares issuable thereunder.
(3) One fourth of this grant vests each year on the anniversary date of the grant.
(1) Includes shares of restricted stock which require shares to be withheld to satisfy tax obligations in the event these shares vest.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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