EXHIBIT 23

                        CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in the Registration Statement on
Form S-8 (No. 333-24595) pertaining to the EEX Corporation Employee Stock
Purchase and Savings Plan of our report dated  May 14, 1999, with respect to the
financial statements and schedules of the EEX Corporation Employee Stock
Purchase and Savings Plan included in this Annual Report (Form 11-K) for the
year ended December 31, 1998, filed with the Securities and Exchange Commission.


                                                  ERNST & YOUNG LLP

June 22, 1999
Houston, Texas