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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 14:33                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    102  Harrison
                                102-901  Karnack

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

PSU155 80073                      33,390                33,002           1.0117
TXG06 035150                     248,930               268,376            .9275
TXG06 036711                   1,233,538             1,353,226            .9115
TXG06 065741                     271,719               296,386            .9167
TXG06 066028                      70,842                75,009            .9444
TXG06 072640                     147,087               130,457           1.1274
TXG06 136390                     183,597               189,183            .9704
TXG06 139034                     165,564               178,587            .9270
TXG06 144397                     284,869               274,403           1.0381
TXG06 144403                     431,280               440,094            .9799
TXG06 165088                     229,418               252,816            .9074
TXG06 170961                     218,669               196,174           1.1146
TXG06 190161                     321,980               271,941           1.1840
TXO06 013588                      76,643                74,585           1.0275



                     Total Self-Reported Mineral Value:           5,204,800

                     Divided by ISD Mineral Ratio:                    .9783**

                     Estimated PTD Mineral Value:                 5,320,249


          ** See Stratified Ratio Detail report for more data