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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 16:13                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    178  Nueces
                                178-901  Agua Dulce

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

PSU178 D1350                   6,854,414             4,542,495           1.5089
PSU178 D1360                     906,697               473,479           1.9149
PSU178 D1370                   1,579,775             1,493,453           1.0578
PSU178 D1890                   2,261,565             2,246,152           1.0068
PSU178 D1900                   2,386,509             3,122,360            .7643
PSU178 E1360                     299,155               290,727           1.0289
PSU178 E6800                     291,598               305,006            .9560
PSU178 P7280                     217,881               224,316            .9713
PSU178 P8500                     196,936               197,489            .9971
PSU178 Q2430                     921,598             1,026,089            .8981
PSU178 Z6550                     165,716               171,433            .9666
TXG04 175985                     351,518               344,018           1.0218



                     Total Self-Reported Mineral Value:          20,029,930

                     Divided by ISD Mineral Ratio:                   1.1034**

                     Estimated PTD Mineral Value:                18,152,918


          ** See Stratified Ratio Detail report for more data