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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 14:01                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    076  Fisher
                                076-903  Roby

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

TXO07B007959                   5,661,711             5,444,783           1.0398
TXO07B011416                   1,439,440             1,270,922           1.1325
TXO07B013351                      19,490                15,652           1.2452
TXO07B015472                      23,570                25,054            .9407
TXO07B016688                     216,530               217,123            .9972
TXO07B016994                     168,370               161,278           1.0439
TXO07B018002                      56,270                55,167           1.0199
TXO07B018655                      24,910                21,600           1.1532
TXO07B019796                      29,200                33,260            .8779
TXO07B021896                      62,150                71,388            .8705
TXO07B022966                      22,200                21,112           1.0515
TXO07B024023                     105,290               113,776            .9254
TXO07B026719                      83,530                95,073            .8785
TXO07B027539                     166,120               174,448            .9522
TXO07B027723                     147,750               151,139            .9775
TXO07B027836                      31,650                34,883            .9073
TXO07B028649                   1,278,140             1,285,427            .9943
TXO07B028726                   1,104,380             1,046,722           1.0550
TXO07B028771                     798,710               831,978            .9600



                     Total Self-Reported Mineral Value:          11,886,740

                     Divided by ISD Mineral Ratio:                   1.0331**

                     Estimated PTD Mineral Value:                11,505,895


          ** See Stratified Ratio Detail report for more data