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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 16:37                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    208  Scurry
                                208-902  Snyder

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

PSU208 T5800                   1,725,450             1,593,219           1.0829
TXO08A001045                     573,980               571,560           1.0042
TXO08A001047                      75,020                79,631            .9420
TXO08A001184                     291,870               268,036           1.0889
TXO08A008654                      66,080                51,243           1.2895
TXO08A015933                   1,411,860             1,438,526            .9814
TXO08A061487                   1,472,290             1,374,703           1.0709
TXO08A067285                     839,360               849,001            .9886
TXO08A068202                   3,618,750             3,266,250           1.1079
TXO08A068203                   4,585,570             4,333,916           1.0580
TXO08A068226                   1,409,060             1,493,447            .9434
TXO08A068233                   2,493,070             2,243,786           1.1110



                     Total Self-Reported Mineral Value:         323,983,040

                     Divided by ISD Mineral Ratio:                   1.0569**

                     Estimated PTD Mineral Value:               306,540,865


          ** See Stratified Ratio Detail report for more data