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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      4
TIME: 16:59                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    013  Bee
                                013-905  Skidmore-Tynan

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   PTD Lease Number        Appraised               Market
    or Mineral Type          Value                 Value              Ratio
--------------------------------------------------------------------------------
Oil & Gas Sample Leases:

PSU013 10730                   2,751,460             2,697,100           1.0201
PSU013 11090                     761,310               649,673           1.1718
PSU013 11540                   1,307,880             1,291,275           1.0128
PSU013 11560                   1,675,870             1,433,840           1.1687
PSU013 11590                     662,560               656,262           1.0095
PSU013 12720                     226,000               224,133           1.0083
PSU013 140214                    337,960               373,023            .9060
PSU013 140229                    689,630               688,028           1.0023
TXG02 155611                     285,780               292,002            .9786
TXG02 183168                   1,061,120               964,288           1.1004
TXG02 183261                   1,384,410             1,657,775            .8351
TXO02 004647                   1,014,860             1,063,380            .9543
TXO02 008143                     350,790               319,317           1.0985



                     Total Self-Reported Mineral Value:          15,755,010

                     Divided by ISD Mineral Ratio:                   1.0162**

                     Estimated PTD Mineral Value:                15,503,848


          ** See Stratified Ratio Detail report for more data