---
kind: "section"
citation: "43 C.F.R. § 3207.5"
title: "43"
number: "3207.5"
heading: "What terms (time periods) apply to my lease?"
url: "https://uscodex.org/cfr/43/3207.5"
---

# §3207.5. What terms (time periods) apply to my lease?


Your lease may include a number of different time periods. Not every time period applies to every lease. These periods include:

- (a) **A primary term consisting of—**
  - (1) Ten years;
  - (2) An initial extension of the primary term for up to 5 years;
  - (3) An additional extension of the primary term for up to 5 years;
- (b) A drilling extension of 5 years under [§ 3207.14](/cfr/43/3207.14.md);
- (c) A production extension of up to 35 years; and
- (d) **A renewal period of up to 55 years.**

## Notes

### Authority

Authority: 30 U.S.C. 1001-1028; 43 U.S.C. 1701 et seq.; and Pub. L. 109-58.

### Source

Source: 72 FR 24400, May 2, 2007, unless otherwise noted.