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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 14:58                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    121  Jasper
                                121-904  Jasper

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

TXG06 158017                     978,099               710,295           1.3770
TXG06 159398                     300,545               302,546            .9933
TXG06 164895                     304,214               288,516           1.0544
TXG06 168247                     286,111               342,893            .8344
TXG06 176419                   1,165,618               958,625           1.2159
TXG06 183208                   2,341,091             2,068,632           1.1317
TXG06 184869                   2,212,327             2,306,936            .9589
TXG06 186080                   2,557,409             2,430,738           1.0521
TXG06 189592                   1,119,139             1,163,720            .9616
TXG06 190726                   2,701,487             2,754,405            .9807
TXG06 194341                   6,938,187             6,944,302            .9991
TXO06 014149                   1,890,840             1,010,181           1.8717



                     Total Self-Reported Mineral Value:          49,833,248

                     Divided by ISD Mineral Ratio:                   1.0711**

                     Estimated PTD Mineral Value:                46,525,299


          ** See Stratified Ratio Detail report for more data