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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      5
TIME: 17:20                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    249  Wise
                                249-905  Decatur

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

TXG09 028600                     192,290               185,391           1.0372
TXG09 125288                     664,190               646,892           1.0267
TXG09 127346                     315,580               339,683            .9290
TXG09 152150                     567,826               409,135           1.3878
TXG09 175744                     243,040               150,242           1.6176
TXG09 187012                     548,100               488,441           1.1221
TXG09 189234                     759,450               745,476           1.0187
TXG09 192622                     382,790               195,485           1.9581
TXG09 192788                   1,338,830             1,295,723           1.0332
TXG09 192816                   2,177,340             2,026,878           1.0742
TXG09 193016                   1,916,430             1,899,081           1.0091
TXG09 193170                   1,597,420             1,529,959           1.0440
TXG09 194008                     659,800               617,625           1.0682



                     Total Self-Reported Mineral Value:         187,827,550

                     Divided by ISD Mineral Ratio:                   1.0788**

                     Estimated PTD Mineral Value:               174,107,851


          ** See Stratified Ratio Detail report for more data