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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 18:11                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    069  Edwards
                                069-901  Rocksprings

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

TXG01 055226                      83,344               133,942            .6222
TXG01 133654                     869,034               866,965           1.0023
TXG01 139991                      75,971                83,798            .9065
TXG01 141321                     194,311               194,425            .9994
TXG01 142265                     150,136               161,266            .9309
TXG01 157925                      81,135                84,844            .9562
TXG01 157992                     267,996               271,153            .9883
TXG01 163552                   1,464,680             1,680,815            .8714
TXG01 163994                   1,615,034             1,648,413            .9797
TXG01 165014                   1,498,552             1,511,395            .9915
TXG01 167364                   2,213,825             2,198,783           1.0068
TXG01 167865                   2,126,007             2,188,976            .9712
TXG01 169049                     244,986               269,805            .9080
TXG01 169387                     821,055               829,778            .9894
TXG01 169643                     891,639               822,586           1.0839
TXG01 170643                   1,412,089             1,388,370           1.0170
TXG01 171045                     256,632               338,891            .7572
TXG01 171315                     773,401               720,559           1.0733
TXG01 172050                     653,351               696,932            .9374
TXG01 172566                     840,157               835,339           1.0057
TXG01 172840                     154,624               155,096            .9969
TXG01 173842                   4,004,142             4,019,426            .9961
TXG01 177156                   4,622,456             5,124,816            .9019
TXG01 177421                     874,722               884,784            .9886
TXG01 177565                   1,018,414             1,034,194            .9847
TXG01 178562                   4,651,446             4,488,676           1.0362
TXG01 181819                   1,022,790             1,075,038            .9513
TXG01 185132                     520,371               544,388            .9558
TXG01 193528                     119,679               112,857           1.0604
TXG07C076909                     344,181               347,336            .9909
TXG07C154496                     269,321               285,609            .9429
TXG07C159183                     295,383               296,799            .9952
TXG07C160976                     259,605               269,519            .9632
TXG07C166161                      82,710                79,881           1.0354
TXG07C168039                      63,510                60,578           1.0484
TXG07C176795                     292,188               308,843            .9460
TXG07C193602                   1,040,479               989,140           1.0519



                     Total Self-Reported Mineral Value:          68,965,220

                     Divided by ISD Mineral Ratio:                    .9774**

                     Estimated PTD Mineral Value:                70,559,873


          ** See Stratified Ratio Detail report for more data