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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 14:31                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    101  Harris
                                101-905  Channelview

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

TXG03 167123                     943,769             1,169,028            .8073
TXG03 168102                   2,712,939             2,953,634            .9185
TXG03 168260                   2,758,573             2,763,959            .9980
TXG03 168973                   1,102,550               783,688           1.4068
TXG03 171232                   7,486,179             7,280,172           1.0282
TXG03 173477                   1,424,914             1,462,724            .9741
TXG03 177910                   8,598,887             8,619,166            .9976
TXG03 182010                   3,961,203             3,921,184           1.0102
TXG03 192663                   1,769,524             1,852,319            .9553
TXO03 024007                   5,443,209             5,614,322            .9695



                     Total Self-Reported Mineral Value:          34,789,080

                     Divided by ISD Mineral Ratio:                    .9940**

                     Estimated PTD Mineral Value:                34,999,074


          ** See Stratified Ratio Detail report for more data