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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 15:49                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    159  Maverick
                                159-901  Eagle Pass

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

PSU159 B3000                     886,760               985,198            .9000
PSU159 B4000                   2,027,980             2,070,722            .9793
PSU159 C4110                     863,630               906,865            .9523
PSU159 C6500                  40,965,580            39,786,686           1.0296
PSU159 P1300                   3,683,150             3,813,407            .9658
TXG01 076701                     616,800               645,500            .9555
TXG01 125094                      90,860                83,678           1.0858
TXG01 179623                      94,440                96,853            .9750
TXG01 180810                   1,319,730             1,118,166           1.1802
TXG01 188814                     605,560               714,813            .8471
TXG01 189043                     628,730               724,971            .8672
TXO01 002655                      50,490                36,960           1.3660
TXO01 004162                      30,210                43,983            .6868
TXO01 014381                  14,445,200            13,415,723           1.0767



                     Total Self-Reported Mineral Value:          71,054,330

                     Divided by ISD Mineral Ratio:                   1.0248**

                     Estimated PTD Mineral Value:                69,334,826


          ** See Stratified Ratio Detail report for more data