Oil or Gas Lease Operations - Well Perforating workers comp rate in Virginia
The filed workers comp rate for class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Virginia is $0.672 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $3,360 in base premium.
Source quote
"CLASS CODE 2688 LOSS COST 0.672"
From National Council on Compensation, effective 2026-04-01.
FAQ
What is the workers comp rate for code 2688 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Virginia is $0.672 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 2688 on $500,000 of payroll?
At $0.672 per $100, $500,000 of payroll yields a base premium of $3,360 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). Virginia sits at the 9th percentile across 22 peer states.