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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 19:59                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    153  Lynn
                                153-903  O'Donnell

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

TXO08A006161                     460,200               569,351            .8082
TXO08A009818                     113,110               105,201           1.0751
TXO08A060013                      92,180               133,946            .6881
TXO08A060801                  10,108,850             9,010,295           1.1219
TXO08A062371                     860,090               867,633            .9913
TXO08A066042                      82,910               105,173            .7883
TXO08A066307                     196,370               186,240           1.0543
TXO08A066824                     263,310               282,378            .9324
TXO08A067525                     566,750               516,406           1.0974
TXO08A067819                      98,580                93,443           1.0549
TXO08A068154                   2,334,770             2,470,136            .9451
TXO08A068163                     228,380               226,321           1.0090
TXO08A068260                     360,540               297,869           1.2103



                     Total Self-Reported Mineral Value:          15,997,300

                     Divided by ISD Mineral Ratio:                   1.0592**

                     Estimated PTD Mineral Value:                15,103,191


          ** See Stratified Ratio Detail report for more data