Treasury Note. Loading the player... What is a 'Treasury Note'. A treasury note is a marketable U.S. government debt security with a fixed interest rate and a maturity between one and 10 years. Treasury notes are available from the government with either a competitive or noncompetitive bid.
1 The Bowland-Hodder shale gas play (or Bowland-Hodder shales) is the term used in this report for an amalgamation of shales of Visean to early Namurian age that includes the Bowland Shale Formation (and its equivalents) together with older shales which equate to the Hodder Mudstone Formation.irky Misperton 1 drilled a complete Bowland-Hodder unit thickness of 4598 ft (1401 m). The organic-rich upper part of the Bowland-Hodder unit is typically up to c.500 ft (150 m) thick, but locally reaches 2900 ft (890 m).
The Bakken formation, initially described by geologist J.W. Nordquist in 1953, is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles of the subsurface of the Williston Basin, covering parts of Montana, North Dakota, and Saskatchewan.here are significant reservoirs of oil in the Bakken shale. Oil was first discovered in the Bakken in 1951, but efforts to extract it have historically met with difficulties. An April 2008 USGS report estimated the amount of technically recoverable oil in the Bakken Formation at 3.0 to 4.3 Billion Barrels.