el paso 05_10_L_Stewart_Morgan_Stanley

This document provides an overview and update from Lisa Stewart, President of El Paso Production and Non-Regulated Operations, on Gulf of Mexico operations. It discusses El Paso's large acreage position in the GOM, its 52 ready-to-drill prospects of varying depths, its capital management system for evaluating and tracking drilling prospects, its balanced 2005 drilling program consisting of development and exploration wells, and the technologies it employs for 3D seismic, drilling, completions, and developing deep shelf plays.