Cotton Graham entered the upstream side of the petroleum industry in 1995. Starting from the ground floor, Mr. Graham networked and facilitated relationships with private and public entities leading him to start his first exploration company in 2004. In 2008, he established G2 Petroleum, LLC in 2008. Following the oil-market plunge in December 2015, Cotton Graham founded Newport Operating LLC. Newport Operating is a registered, bonded and insured Texas oil and gas well operator. Newport began with the concept of developing proven oil reserves in historically productive oil fields, essentially making "old oil the new oil".