UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C.  20549


                             FORM 8-K

                          CURRENT REPORT


               Pursuant to Section 13 or 15(d) of the
                  Securities Exchange Act of 1934


                   Date of Report:  May 3, 2004
          (Date of Earliest Event Reported:  May 3, 2004)




                EL PASO PRODUCTION HOLDING COMPANY
      (Exact name of Registrant as specified in its charter)


     Delaware           333-106586           76-0637534
  (State or other     ( File Number)      (I.R.S. Employer
  jurisdiction of                       Identification No.)
 incorporation or
   organization)


                         El Paso Building
                       1001 Louisiana Street
                       Houston, Texas 77002
        (Address of principal executive offices) (Zip Code)



 Registrant's telephone number, including area code (713) 420-2600



Item 5.    Other Events and Regulation FD Disclosure
           -----------------------------------------
           On May 3, 2004, El Paso Corporation, our parent company,
announced  its  findings  of  an  independent  review  of the Audit
Committee of their  Board  of  Directors  concerning  the revisions
to  its  oil  and natural gas  reserves  (including  our reserves).
A copy of this  press release is  attached  as Exhibit 99.A  and is
incorporated herein by reference.


Item 7.    Financial Statements and Exhibits
           ---------------------------------
           (c)  Exhibits.

                Exhibit
                 Number    Description
                -------    -----------
                  99.A     Press Release dated May 3, 2004.




                            SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of
1934,  the  registrant has duly caused this report to be signed  on
its behalf by the undersigned thereunto duly authorized.


                              EL PASO PRODUCTION HOLDING COMPANY



                              By:  /s/D. Mark Leland
                                   ------------------
                                     D. Mark Leland
                                Executive Vice President
                               and Chief Financial Officer

Dated:  May 3, 2004

                           EXHIBIT INDEX

     Exhibit
     Number       Description
     -------      -----------
      99.A        Press Release dated May 3, 2004.