Oil or Gas Lease Operations - Well Perforating workers comp rate in Oklahoma
The filed workers comp rate for class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Oklahoma is $1.29 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $6,450 in base premium.
Source quote
"CLASS CODE 2688 LOSS COST 1.29"
From National Council on Compensation, effective 2024-06-01.
FAQ
What is the workers comp rate for code 2688 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Oklahoma is $1.29 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 2688 on $500,000 of payroll?
At $1.29 per $100, $500,000 of payroll yields a base premium of $6,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2688?
UT has the cheapest filed rate for code 2688 ($0.390) and CA the highest ($7.04). Oklahoma sits at the 73th percentile across 22 peer states.