ARSD 04:01:01 – Oil and Gas Leases | Midpage

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Administrative Rules of South Dakota

Chapter 04:01:01

ARSD 04:01:01

Oil and Gas Leases

04:01:01:01Terms.04:01:01:02Proof of publication.04:01:01:03Successful bidder required.04:01:01:04Size of lease units.04:01:01:05Minimum rental rate.04:01:01:06Minimum bonus by area.04:01:01:07Minimum bonus rate.04:01:01:08Annual payment required.04:01:01:09Procedure in event of dry hole.04:01:01:10Continuation of lease after resumption of rental payments.04:01:01:11Completion of a well allowed if commenced within the term of lease.04:01:01:12Cancellation because of failure to produce.04:01:01:13Commercial production defined.04:01:01:14Minimum filing fee.04:01:01:15Term of oil and gas lease -- Rental rate.04:01:01:17Shut-in royalty clause.04:01:01:18Increment status lease.