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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      4
TIME: 14:33                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    102  Harrison
                                102-904  Hallsville

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

TXG06 016057                     309,646               321,520            .9630
TXG06 089521                     158,835               164,973            .9627
TXG06 101028                     575,180               595,031            .9666
TXG06 138195                     145,338               163,184            .8906
TXG06 144375                     922,283               915,324           1.0076
TXG06 145397                     309,590               287,025           1.0786
TXG06 147011                     478,106               443,975           1.0768
TXG06 161795                     449,871               447,195           1.0059
TXG06 164261                     115,117               131,787            .8735
TXG06 182214                   1,019,988             1,043,487            .9774
TXG06 183245                   1,032,860               983,188           1.0505
TXG06 191957                   1,569,588             1,604,113            .9784



                     Total Self-Reported Mineral Value:          42,404,254

                     Divided by ISD Mineral Ratio:                    .9980**

                     Estimated PTD Mineral Value:                42,489,232


          ** See Stratified Ratio Detail report for more data