Oil or Gas Lease Operations - Well Cementing workers comp rate in Oklahoma
The filed workers comp rate for class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Oklahoma is $1.05 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $5,250 in base premium.
Source quote
"CLASS CODE 2683 ELR 1.05"
From National Council on Compensation, effective 2024-06-01.
FAQ
What is the workers comp rate for code 2683 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Oklahoma is $1.05 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 2683 on $500,000 of payroll?
At $1.05 per $100, $500,000 of payroll yields a base premium of $5,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2683?
UT has the cheapest filed rate for code 2683 ($0.450) and CA the highest ($5.08). Oklahoma sits at the 50th percentile across 18 peer states.