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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 18:07                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    063  Dickens
                                063-903  Spur

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

PSU063  99063001               1,143,916             1,146,502            .9977
TXO08A065436                     406,586               416,431            .9763
TXO08A065521                     224,976               229,067            .9821
TXO08A066287                     607,541               624,724            .9724
TXO08A066774                     282,036               325,945            .8652
TXO08A066830                     466,918               484,374            .9639
TXO08A067286                   1,293,460             1,245,355           1.0386
TXO08A067293                     211,669               247,882            .8539
TXO08A067541                     193,134               207,497            .9307
TXO08A067638                     270,822               256,295           1.0566
TXO08A067853                   3,360,696             3,700,725            .9081
TXO08A068035                  15,121,671            15,196,222            .9950
TXO08A068103                     158,644               153,662           1.0324
TXO08A068259                     239,932               232,461           1.0321
TXO08A068264                   2,285,787             2,147,202           1.0645
TXO08A068271                   1,006,923             1,031,502            .9761
TXO08A068310                   1,290,375             1,256,306           1.0271
TXO08A068328                     298,940               288,219           1.0371
TXO08A068339                   2,170,952             2,061,935           1.0528
TXO08A068348                   1,712,524             1,402,439           1.2211
TXO08A068352                   1,084,725             1,019,055           1.0644
TXO08A068354                     144,775               137,907           1.0498
TXO08A068356                   3,938,351             4,772,676            .8251
TXO08A068357                   3,087,355             2,918,777           1.0577
TXO08A068368                   1,942,107             1,723,608           1.1267
TXO08A068379                   2,754,101             2,784,834            .9889
TXO08A068382                   1,429,581             1,352,279           1.0571
TXO08A068383                   1,175,361             1,080,056           1.0882
TXO08A068394                   1,352,250             1,385,641            .9759
TXO08A068396                     479,186               478,890           1.0006
TXO08A068397                   1,239,145             1,235,018           1.0033
TXO08A068403                     220,238               227,238            .9691
TXO08A068411                   3,088,357             3,472,844            .8892
TXO08A068414                     149,478               142,496           1.0489
TXO08A068435                     851,868               864,968            .9848
TXO08A068494                   1,070,635             1,110,136            .9644
TXO08A068517                     164,012               171,845            .9544
TXO08A068520                     654,250               808,318            .8093
TXO08A068522                     504,274               505,906            .9967



                     Total Self-Reported Mineral Value:          60,282,350

                     Divided by ISD Mineral Ratio:                    .9869**

                     Estimated PTD Mineral Value:                61,082,531


          ** See Stratified Ratio Detail report for more data