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 *
  MURPHY ROBERT P
 2. Date of Event Requiring Statement (Month/Day/Year)
02/28/2007		 3. Issuer Name and Ticker or Trading Symbol
HELIX ENERGY SOLUTIONS GROUP INC [HLX]
(Last)
(First)
(Middle)
400 N. SAM HOUSTON PARKWAY E., SUITE 400		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP - Oil & Gas
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77060		 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 186,513 (1)
D
 
Common Stock 62 (2)
I
Held pursuant to 401K

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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MURPHY ROBERT P
400 N. SAM HOUSTON PARKWAY E.
SUITE 400
HOUSTON, TX 77060		       Executive VP - Oil & Gas  

Signatures

/s/Michael Overman, by power of attorney 03/06/2007
**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).
(1) Of these shares, 123,890 are restricted stock awards granted effective as of July 1, 2006 pursuant to the Company's 2005 Long Term Incentive Plan. 24,780 shares of restriced stock vest on the first anniversary of the grant. The remaining 99,110 shares of resticted stock vest 60% on the third anniversary of such grant and an additional 20% on each anniversary thereafter; provided that, in the event Mr. Murphy is terminated without "Cause" within the first 3 years, such restricted stock vests 20% on each anniversay.
(2) Mr. Murphy holds 62 shares through his 401K investment account originally invested in shares of Remington Oil and Gas Corporation ("Remington") and converted into shares of Helix common stock upon the acquisition of Remington by Helix.
 
Remarks:
The filing of this statement shall not be deemed an admission that any reporting person is, for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise, the owner of any equity securities covered by this statement.

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