Latka logo

Hugh Winkler

GetLatka interview

How Factor Technology Is Automating Geosteering for Oil Drillers with 6 Customers and a Bootstrap Model (Interview with CEO Hugh Winkler)

Hugh Winkler (CEO of Factor Technology) spoke to Nathan Latka on July 1, 2023.

Factor Technology figures from the interview

Customers (2023)
6
Team Size (2023)
6
Year Founded
2017
Profitable (2023)
No
“Well, everybody's drilling horizontal wells since, you know, for the last two decades. And, you know, for the last twenty years, people have been kinda using an ad hoc sort of heuristic method to position them.”
“it turns out that it's a big stress on an individual having to do this job. And so every twenty minutes, you get some new measurements in and you've gotta read some wiggly lines on a screen that are measurements and figure out what that means as far as the geology.”
“There's six of us.”

Read the interview →Watch the recording →

Company

Factor Technology

Dripping Springs, United States · Founded 2017

Revenue
$250K
Team size
6
Customers
6

Company profile →CEO interview →