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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 13:28                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    048  Concho
                                048-901  Eden CISD

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

TXG07C144094                      46,156                46,024           1.0028
TXG07C147027                      49,864                48,978           1.0180
TXG07C167140                     111,134               108,025           1.0287
TXO07C004611                     164,739               282,237            .5836
TXO07C007435                     138,029               113,465           1.2164
TXO07C012394                     292,040               295,030            .9898
TXO07C012631                     148,186                55,073           2.6907
TXO07C012642                     679,384               657,401           1.0334
TXO07C012648                   1,550,734             1,509,550           1.0272
TXO07C012740                     947,354               960,485            .9863
TXO07C012783                      69,808                69,093           1.0103
TXO07C012950                     629,686               550,096           1.1446
TXO07C013014                      44,879                42,091           1.0662
TXO07C013186                      67,580                42,441           1.5923
TXO07C013321                   1,732,492             1,640,659           1.0559
TXO07C013361                     215,516               210,454           1.0240
TXO07C013362                   5,156,468             6,473,357            .7965
TXO07C013363                   2,135,432             1,925,430           1.1090
TXO07C013365                   1,462,408             1,183,603           1.2355
TXO07C013367                      48,579                93,957            .5170
TXO07C013780                   2,179,461             2,031,922           1.0726
TXO07C014434                   2,359,836             2,889,854            .8165
TXO07C014615                      44,202                45,283            .9761
TXO07C014957                     101,795               130,536            .7798
TXO07C015021                     693,772               653,640           1.0613
TXO07C015067                      91,612                94,705            .9673
TXO07C015277                      77,994                77,236           1.0098



                     Total Self-Reported Mineral Value:          22,073,020

                     Divided by ISD Mineral Ratio:                    .9577**

                     Estimated PTD Mineral Value:                23,047,948


          ** See Stratified Ratio Detail report for more data