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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 21:43                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    244  Wilbarger
                                244-905  Northside

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

TXO09 014498                      68,130                61,851           1.1015
TXO09 014584                      19,820                18,165           1.0911
TXO09 014903                      27,440                28,783            .9533
TXO09 015107                      91,460                89,982           1.0164
TXO09 026515                     781,830               752,961           1.0383
TXO09 027100                   2,145,890             2,118,156           1.0130
TXO09 027157                      48,270                79,350            .6083
TXO09 028738                      87,680                88,096            .9952
TXO09 029152                     305,940               313,300            .9765
TXO09 029462                     119,480               129,395            .9233
TXO09 029523                      56,770               101,318            .5603



                     Total Self-Reported Mineral Value:           3,777,490

                     Divided by ISD Mineral Ratio:                    .9918**

                     Estimated PTD Mineral Value:                 3,808,722


          ** See Stratified Ratio Detail report for more data