-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OFbvBsIsRdw+BXbCpW4tihaDGd+pgp+d1762QIdIeLfSWM+DWUiEdDPbzgnexN16
 kcA2SKegxYt7LfFym/gpMw==

<SEC-DOCUMENT>0001005477-03-001606.txt : 20030523
<SEC-HEADER>0001005477-03-001606.hdr.sgml : 20030523
<ACCEPTANCE-DATETIME>20030523121400
ACCESSION NUMBER:		0001005477-03-001606
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030521
FILED AS OF DATE:		20030523

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STONE ENERGY CORP
		CENTRAL INDEX KEY:			0000904080
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				721235413
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		625 E KALISTE SALOOM RD
		CITY:			LAFAYETTE
		STATE:			LA
		ZIP:			70508
		BUSINESS PHONE:		3182370410

	MAIL ADDRESS:	
		STREET 1:		625 E KALISTLE SALOOM RD
		CITY:			LAFAYETTE
		STATE:			LA
		ZIP:			70508

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VOELKER DAVID R
		CENTRAL INDEX KEY:			0001185513

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12074
		FILM NUMBER:		03717624

	BUSINESS ADDRESS:	
		STREET 1:		650 POYDRAS STREET
		STREET 2:		SUITE 2710
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70130
		BUSINESS PHONE:		504 582 2244

	MAIL ADDRESS:	
		STREET 1:		650 POYDRAS STREET
		STREET 2:		SUITE 2710
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70130
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-05-21</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000904080</issuerCik>
        <issuerName>STONE ENERGY CORP</issuerName>
        <issuerTradingSymbol>SGY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
    <reportingOwnerId>
            <rptOwnerCik>0001185513</rptOwnerCik>
            <rptOwnerName>VOELKER DAVID R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F3"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F3"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F3"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>41733</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F3"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F3"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
                <footnoteId id="F3"/>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>264970</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>See Note</value>
                <footnoteId id="F1"/>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Nonemployee Director's Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>42.96</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F3"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F3"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2003-05-16</value>
            <footnoteId id="F2"/>
        </exerciseDate>
        <expirationDate>
            <value>2007-05-16</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>5000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>5000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Nonemployee Director's Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>54.375</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F3"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F3"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2002-05-17</value>
            <footnoteId id="F2"/>
        </exerciseDate>
        <expirationDate>
            <value>2006-05-17</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>5000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>5000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Nonemployee Director's Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>58.156</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F3"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F3"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2001-05-18</value>
            <footnoteId id="F2"/>
        </exerciseDate>
        <expirationDate>
            <value>2005-05-18</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>5000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>5000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Nonemployee Director's Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>37.00</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-01-01</value>
            <footnoteId id="F3"/>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F3"/>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>0</value>
                <footnoteId id="F3"/>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2000-05-11</value>
            <footnoteId id="F2"/>
        </exerciseDate>
        <expirationDate>
            <value>2004-05-11</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>5000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>5000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Nonemployee Director's Option (Right to Buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>38.19</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-05-21</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>A</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>5000</value>
            </transactionShares>
            <transactionValue>
                <value>0</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2004-05-21</value>
            <footnoteId id="F2"/>
        </exerciseDate>
        <expirationDate>
            <value>2008-05-21</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>5000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>5000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <footnotes>
        <footnote id="F1">Owned by Frantzen/Voelker Investments, LLC, in which reporting person has an ownership interest.</footnote>
        <footnote id="F2">Option to buy exercisable in annual increments of one-third beginning on the first anniversary of the date of grant.</footnote>
        <footnote id="F3">Certain information such as "January 1, 2003", "A" and "0" is provided related to this holding although no transaction has occurred.  The information is required in all data cells for completion of this filing through the internet provider of the EDGAR software.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>David R. Voelker</signatureName>
        <signatureDate>2003-05-23</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----