Workers comp rates for code 2674: Oil or Gas Lease Operations - NOC
NCCI class code 2674 covers Oil or Gas Lease Operations - NOC in the mining industry. The median rate across 1 states is $6.87 per $100 payroll. Rates range from $6.87 in Pennsylvania to $6.87 in Pennsylvania.
Also known as: Oil and gas operations · Petroleum extraction
Cheapest 5 states for code 2674
- Pennsylvania $6.87
Most expensive 5 states
- Pennsylvania $6.87
Code 2674 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2674 | $6.87 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2674
What occupation is NCCI class code 2674?
Class code 2674 is "Oil or Gas Lease Operations - NOC" (also known as Oil and gas operations, Petroleum extraction), in the mining industry. The code is filed in 1 states.
What is the average workers comp rate for code 2674?
The median rate across 1 states is $6.87 per $100 of payroll, ranging from $6.87 (Pennsylvania) to $6.87 (Pennsylvania).
Why does code 2674 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.