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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 13:33                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    054  Crosby
                                054-903  Ralls

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

PSU054  99054005               3,760,576             3,328,702           1.1297
PSU054  99054006                 242,974               324,206            .7494
PSU085  99085038                  36,274                34,546           1.0500
TXO08A063544                      23,852                43,211            .5519
TXO08A063563                   5,796,967             5,948,918            .9744
TXO08A068047                      89,909                68,699           1.3087
TXO08A068087                     144,268               124,396           1.1597
TXO08A068088                     157,591               147,537           1.0681
TXO08A068089                     108,822               102,524           1.0614
TXO08A068090                     207,573               156,002           1.3305



                     Total Self-Reported Mineral Value:          10,621,390

                     Divided by ISD Mineral Ratio:                   1.0281**

                     Estimated PTD Mineral Value:                10,331,086


          ** See Stratified Ratio Detail report for more data