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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 16:13                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    178  Nueces
                                178-902  Bishop

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

PSU178 A9510                     649,096               661,500            .9812
PSU178 D1620                   1,334,107             1,373,873            .9710
PSU178 D1630                   2,162,297             2,160,581           1.0007
PSU178 M0540                   2,734,291             2,848,689            .9598
PSU178 M4590                   1,924,472             1,952,263            .9857
PSU178 Y5945                   1,462,654             1,413,946           1.0344
PSU178 Y6470                   8,915,970             9,469,352            .9415
PSU178 Y6480                     185,153               187,469            .9876
TXG04 184517                   4,036,230             3,838,382           1.0515
TXG04 190455                   9,741,430             9,908,584            .9831
TXG04 190697                   1,362,083             1,372,720            .9922
TXO04 008408                     327,415               361,877            .9047
TXO04 012618                     940,740               974,956            .9649
TXO04 012827                     435,082               447,397            .9724



                     Total Self-Reported Mineral Value:          38,793,080

                     Divided by ISD Mineral Ratio:                    .9806**

                     Estimated PTD Mineral Value:                39,560,555


          ** See Stratified Ratio Detail report for more data