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).
Oil shale may contain between 60 and 90% mineral matter (non-organic), while coal will contain, by definition, less than 40%. The kerogen within oil shale is also of different organic composition than coal, which enjoys a more matured organic makeup that is lower in hydrogen and higher in oxygen than oil shale kerogen. See this factsheet on oil shale from the U.S. DOE: DOE FACTSHEET.