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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      4
TIME: 19:59                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    153  Lynn
                                153-907  Wilson

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

TXO08A015932                      56,560                46,780           1.2090
TXO08A016149                     219,230               206,185           1.0632
TXO08A060049                     259,510               262,912            .9870
TXO08A060155                      46,830                50,075            .9351
TXO08A062221                   1,838,081             1,374,100           1.3376
TXO08A063727                      13,670                13,167           1.0382
TXO08A063939                      15,400                16,143            .9539
TXO08A064070                      31,930                46,625            .6848
TXO08A065785                      56,110                54,208           1.0350
TXO08A068040                       9,640                 8,197           1.1760



                     Total Self-Reported Mineral Value:           2,924,140

                     Divided by ISD Mineral Ratio:                   1.1920**

                     Estimated PTD Mineral Value:                 2,453,138


          ** See Stratified Ratio Detail report for more data