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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 13:33                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    054  Crosby
                                054-902  Lorenzo

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

PSU054  99054004               1,522,223             1,338,998           1.1368
PSU054  99054005               2,502,544             2,215,146           1.1297
PSU054  99054006                 161,691               215,749            .7494
TXO08A061664                     559,131               560,025            .9984
TXO08A062719                      90,351                99,900            .9044
TXO08A064394                     237,227               226,431           1.0476
TXO08A068050                     197,971               158,627           1.2480
TXO08A068053                     336,109               252,787           1.3296
TXO08A068057                     225,075               215,812           1.0429
TXO08A068063                     303,348               323,806            .9368
TXO08A068070                     239,484               252,308            .9491
TXO08A068071                   1,935,617             1,626,975           1.1897
TXO08A068075                     121,484               122,503            .9916
TXO08A068090                     421,437               316,731           1.3305
TXO08A068092                     806,795               812,753            .9926
TXO08A068095                   2,386,100             1,884,249           1.2663



                     Total Self-Reported Mineral Value:          12,618,490

                     Divided by ISD Mineral Ratio:                   1.1340**

                     Estimated PTD Mineral Value:                11,127,416


          ** See Stratified Ratio Detail report for more data