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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 12:59                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    020  Brazoria
                                020-902  Angleton

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

TXG03 152680                   4,318,395             4,894,668            .8822
TXG03 160438                     268,164               320,904            .8356
TXG03 173121                   2,753,624             1,720,264           1.6006
TXG03 176024                   3,122,932             3,253,081            .9599
TXG03 181539                   2,126,277             2,812,359            .7560
TXG03 188377                   6,579,055             6,625,860            .9929
TXG03 192321                     964,053             1,562,620            .6169
TXG03 193463                   3,422,483             3,318,227           1.0314
TXO03 021812                     308,331               481,023            .6409



                     Total Self-Reported Mineral Value:          37,500,420

                     Divided by ISD Mineral Ratio:                    .9565**

                     Estimated PTD Mineral Value:                39,205,876


          ** See Stratified Ratio Detail report for more data