Lafayette-based PetroQuest Energy Inc. announced a significant natural gas discovery at its Thunder Bayou Prospect located in Vermilion Parish.

The company has an approximate 50 percent working interest and 37 percent net revenue interest in the well.

The company expects to start production from its Thunder Bayou discovery well in the second quarter of 2015 at a gross daily rate of approximately 25,000-30,000 Mcf of gas plus associated oil and natural gas liquids, which will be determined during the upcoming well test.