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).
In the report the main lower Carboniferous shale unit (known as the âBowland-Hodder unitâ) was shown to be up to 5000 m thick in basin depocentres (e.g. the Bowland, Blacon, Gainsborough, Widmerpool, Edale and Cleveland basins; Fig.etails of how the estimate was made are in the report but in brief the key to the estimate was to calculate the volume of shale in the chosen area. To get this BGS built a 3D static model using 64 key wells and 15000 miles of seismic, as well as years of data from shale outcrops.