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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 12:41                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    005  Archer
                                005-902  Holliday

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

PSU005 30720                     235,530               239,573            .9831
TXO09 000180                     186,740               177,468           1.0522
TXO09 000282                      96,340                99,299            .9702
TXO09 000572                      63,390                73,860            .8582
TXO09 000697                      14,830                14,562           1.0184
TXO09 000745                     140,690               137,654           1.0220
TXO09 000769                     496,610               493,848           1.0055
TXO09 001011                     211,510               200,506           1.0548
TXO09 001253                      26,370                25,484           1.0347
TXO09 005576                      62,010                58,088           1.0675
TXO09 006032                      65,920                85,538            .7706
TXO09 008641                     413,280               405,034           1.0203
TXO09 011693                     154,270               155,087            .9947
TXO09 012565                     399,790               435,322            .9183
TXO09 012717                     122,900               117,254           1.0481
TXO09 013357                     117,380               127,725            .9190
TXO09 015289                      64,820                64,448           1.0057
TXO09 015376                      17,520                 5,500           3.1854
TXO09 015797                     711,270               503,175           1.4135
TXO09 016386                     103,770                71,231           1.4568
TXO09 017288                     652,770               665,687            .9805
TXO09 017310                     193,390               193,936            .9971
TXO09 017454                     267,320               285,507            .9362
TXO09 017527                     599,190               590,854           1.0141
TXO09 017774                     422,450               422,101           1.0008
TXO09 027747                     628,850               626,937           1.0030
TXO09 027984                     662,350               616,996           1.0735
TXO09 028064                     179,560               174,527           1.0288
TXO09 029410                     331,610               335,134            .9894



                     Total Self-Reported Mineral Value:          14,848,090

                     Divided by ISD Mineral Ratio:                   1.0323**

                     Estimated PTD Mineral Value:                14,383,503


          ** See Stratified Ratio Detail report for more data