04:01:01:08Annual payment required.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
All oil and gas rental payments shall be payable on an annual basis. These payments will be as for rent and will cover the privilege of deferring the drilling of a well for 12 months from the anniversary date of the lease.
Source: 2 SDR 36, effective November 17, 1975.