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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 13:01                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    024  Brooks
                                024-901  Brooks County

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

PSU024 Q1100                   6,240,787             3,456,800           1.8053
PSU024 Q3000                   5,387,571             5,045,277           1.0678
PSU024 Q4500                  14,619,471            12,961,650           1.1279
PSU024 R8850                  10,650,446            10,765,129            .9893
PSU024 W14846                  2,196,260             2,536,781            .8657
PSU024 W15153                  1,782,478             2,334,312            .7635
PSU024 W15159                  6,845,228             6,783,482           1.0091
PSU024 W17353                 66,431,107            66,802,233            .9944
PSU024 W17383                 54,956,365            54,546,855           1.0075
PSU024 X8650                   4,222,577             2,413,153           1.7498
PSU024 Y9900                  13,417,722            15,980,772            .8396
TXG04 176859                   2,047,024             2,160,276            .9475
TXG04 192757                   7,476,932             7,187,973           1.0402



                     Total Self-Reported Mineral Value:         285,152,644

                     Divided by ISD Mineral Ratio:                   1.0208**

                     Estimated PTD Mineral Value:               279,342,324


          ** See Stratified Ratio Detail report for more data