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Hugh Winkler

Founder & CEO, Factor Technology. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutivescientistengineerfactor.technology ↗

Hugh Winkler pioneered an algorithmic approach to geosteering using Bayesian networks to probabilistically calculate subsurface geologic structure and wellbore placement. He commercialized this methodology by founding Factor Technology, which provides the cloud-based automated geosteering advisor platform Factor Drive to horizontal drilling operators.

1shows
1appearances
6statements
2resolved
2supported
0contradicted
100%fully supported

Everything Hugh Winkler said on any show that made the record, most notable first. Each card names its show and opens the statement there.

TOP FOUNDERS Prediction Open · timeframe Aug 2028
Winkler predicts all oil geosteering will be automated within five years
“But I think it'll eventually prevail so that in five years, nobody, nobody's manually doing GPS during the old way. They might be, might not be using hard software, but I think in five years, people will all be doing it in this computed automated fashion. That…”
Hugh Winkler Aug 29, 2023 ▶ 12:01 6 Oil Drilling Companies Pay Him to Map Hard to Quantify Oil Well Pay Zone's
TOP FOUNDERS Disclosure
Factor Technology has one top-ten US company and several consultancies as clients
“So we, we've got one top 10 US company Using the software and several smaller consultancies.”
Hugh Winkler Aug 29, 2023 ▶ 6:00 6 Oil Drilling Companies Pay Him to Map Hard to Quantify Oil Well Pay Zone's
TOP FOUNDERS Disclosure
Winkler: Factor Technology charges credit card users $90 per day
“Well, yeah, it's like, well, it's 90 dollars a day, but it's.”
Hugh Winkler Aug 29, 2023 ▶ 9:30 6 Oil Drilling Companies Pay Him to Map Hard to Quantify Oil Well Pay Zone's
Factor Technology requires high-touch onboarding to change user workflows
“I think that our software requires a sort of a change of workflow for a lot of these consultancies. So they need a high touch experience with us. And so far we're really, you know, one thing I would say the arm's length approach is not giving us that ability t…”
Hugh Winkler Aug 29, 2023 ▶ 14:52 6 Oil Drilling Companies Pay Him to Map Hard to Quantify Oil Well Pay Zone's
TOP FOUNDERS Assertion Supported
Winkler: Texas oil wells require hydraulic fracturing because gushers are gone
“The kind of formations they're producing in Texas mostly now are no longer the rich flowing ones, you know, with gushers. That doesn't happen much anymore. What happens now is that they have to They have a little trickle coming in after, and only after they fr…”
Hugh Winkler Aug 29, 2023 ▶ 4:56 6 Oil Drilling Companies Pay Him to Map Hard to Quantify Oil Well Pay Zone's
TOP FOUNDERS Assertion Supported
Winkler: Major oil operators historically outsource overnight geosteering monitoring
“So a lot of these big companies outsource this function because it's a person has to stay up all night watching screens and they don't like to do it themselves. So they outsource the job to workers. You know, who work in shifts, watch the screens, take the mea…”
Hugh Winkler Aug 29, 2023 ▶ 6:14 6 Oil Drilling Companies Pay Him to Map Hard to Quantify Oil Well Pay Zone's

One line per show, most statements first. The link opens Hugh's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER Founder & CEO, Factor Technology 1 6 100% 2/2 full record on Top Founders →
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