Industry Code: 86405
Businesses in this industry provide geophysical surveys with the use of sophisticated instruments to measure or survey the earth's formations; however, it does not include any method of seismic exploration which requires shock waves to be generated for recording purposes.
Businesses that provide logging services on coal and mineral test holes are included in this industry.
Operation Details:
Transits, gravity meters, magnetometers, scintillometers, etc. are used to measure and record elevations, area, and various physical properties including ionization, radiation, and magnetism. Wires may be strung out, through which an electric current is passed to record resistance; the measurement of which gives a mapping of the formations.
When analytical reports are provided as part of the survey, the analysis is considered to form part of this industry and an additional classification would not be required.
Underwriting Considerations:
Seismic geophysical exploration is not included in this industry. This industry does not include any method of exploration, which requires shock waves to be generated for recording purposes. Please refer to industry 09200, Seismic Geophysical/ Mineral Exploration.
Businesses that provide aerial surveying services are included under industry 50203.
Businesses that provide general land surveying services, for the purpose of determining legal land boundries, are to be classified in industry 86401, Land and General Surveying.
Industry Custom Pricing: Waiving Cost Relief Option
This industry has chosen to participate in Industry Custom Pricing effective January 1, 2012. Costs related to the aggravation of a pre-existing condition will not be removed from the experience record of employers classified in this industry. In return, the portion of premiums collected to fund retroactive cost relief has been removed from the industry rate, resulting in a reduction in WCB premium rates for the industry.
Premium Rate History:
Activities:
Coal Test Holes - Logging of
Geophysical Exploration (excl. seismic)
Gravity Meter and Magnetometer Surveying
Logging of Coal and Mineral Test Holes
Magnetometer and Gravity Meter Surveying
Mineral Test Holes, Logging of
Surveying, Gravity Meter and Magnetometer
Rate Group History:
This rate group was established in 1996, consolidating a number of professional services related to analysis, consulting and design.
Businesses in this industry provide geophysical surveys with the use of sophisticated instruments to measure or survey the earth's formations; however, it does not include any method of seismic exploration which requires shock waves to be generated for recording purposes.
Businesses that provide logging services on coal and mineral test holes are included in this industry.
Premium Rate History:
Activities:
Coal Test Holes - Logging of
Geophysical Exploration (excl. seismic)
Gravity Meter and Magnetometer Surveying
Logging of Coal and Mineral Test Holes
Magnetometer and Gravity Meter Surveying
Mineral Test Holes, Logging of
Surveying, Gravity Meter and Magnetometer
Operation Details:
Transits, gravity meters, magnetometers, scintillometers, etc. are used to measure and record elevations, area, and various physical properties including ionization, radiation, and magnetism. Wires may be strung out, through which an electric current is passed to record resistance; the measurement of which gives a mapping of the formations.
When analytical reports are provided as part of the survey, the analysis is considered to form part of this industry and an additional classification would not be required.
Underwriting Considerations:
Seismic geophysical exploration is not included in this industry. This industry does not include any method of exploration, which requires shock waves to be generated for recording purposes. Please refer to industry 09200, Seismic Geophysical/ Mineral Exploration.
Businesses that provide aerial surveying services are included under industry 50203.
Businesses that provide general land surveying services, for the purpose of determining legal land boundries, are to be classified in industry 86401, Land and General Surveying.
Industry Custom Pricing: Waiving Cost Relief Option
This industry has chosen to participate in Industry Custom Pricing effective January 1, 2012. Costs related to the aggravation of a pre-existing condition will not be removed from the experience record of employers classified in this industry. In return, the portion of premiums collected to fund retroactive cost relief has been removed from the industry rate, resulting in a reduction in WCB premium rates for the industry.
Rate Group History:
This rate group was established in 1996, consolidating a number of professional services related to analysis, consulting and design.