Newport Operating, LLC, was founded by Cotton Graham, owner of G2 Petroleum, LLC, in 2015 and was created to carry out the venture capital drilling projects that G2 offered. Newport is a privately held, “hands on” oil operations company, that has separated itself from our industry competitors by providing the most transparent oil investment opportunity available to accredited investors. Cotton’s innovative use of shallow well drilling, has helped revive an area in Burkburnett, TX that has been stagnant since the oil crash of the 1980’s.
The idea that Burkburnett is still a “black gold mine”, is supported by Newports 95% success rate there. The community and economy in this area, historically known as “Boomtown”, is growing, in large part, due to Newport’s noteworthy development of previously mismanaged leases. Cotton’s family operated company has become a valuable asset for the city of Burkburnett, where family owned businesses have traditionally provided stability for its economy. By creating both jobs and income, and staying true to the values that made “Boomtown” world famous 100 years ago, Newport Operating LLC is “Bringing the the Boom back to Boomtown!”.
Our leases are located within a few miles of our service partners and our purchasers facility, this drastically improves drilling turnaround time.
By drilling 600 ft -1350 ft wells, we reduce the cost of drilling substantially.
The majority of our operations are carried out by our employees instead of sub-contractors, this means far less down time between services
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While it’s a common practice for oil operations companies to subcontract most, or all, of their production process, we at Newport Operating, LLC take pride in being “hands on”. By that we mean, we own our equipment, trucks, and leases, which minimizes the need to hire subcontractors for production services. In addition, we work our leases with over 30 direct staff members and leading industry partners, which lowers expenses and maximizes profitability.
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