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

1. (a) A primary term consisting of:

   1. (1) Ten years;
   2. (2) An initial extension of the primary term for up to 5 years;
   3. (3) An additional extension of the primary term for up to 5 years;
2. (b) A drilling extension of 5 years under § 3207.14;
3. (c) A production extension of up to 35 years; and
4. (d) A renewal period of up to 55 years.