Tim Krebs, CFO of Dynacloud.IO, is today’s featured Forty Under 40 honoree.
Born in Hudson, New Hampshire, Krebs said he has “yet to meet another oilman from the Granite State, but I’m confident there must be at least one out there.” A nontypical birth state for the industry, however, is merely one of several surprising features of Krebs’ career.
Also a board member of an animal conservation nonprofit, Krebs is helping build an energy Internet of Things company focused on creating “intelligent oil fields” through digital automation, artificial intelligence and smart-grid technologies.
Houston-based Dynacloud.IO has already closed its first capital raise and has product sales underway in five basins.
“Closing a seed financing round in August 2020 for Dynacloud.IO was one deal that I’ll never forget,” he said. “Raising money for any oil and gas investment is challenging, but raising it in a pandemic through video chats really tested our team. I’m a firm believer that nothing good comes easy—this endeavor will hopefully prove that cliché true.”
Click here for Tim Krebs’ complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Permanent Magnets Emerge as a Game-Changer for ESP Technology
2024-12-19 - In 2024, permanent magnet motors installations have ballooned to 11% of electric submersible pump installations, and that number is growing.
Novel EOR Process Could Save Shale from a Dry Future
2024-12-17 - Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.
Exclusive: Novi Labs’ Ludwig on AI Preventing Costly Drilling Mistakes
2024-12-12 - Novi Labs President and Co-Founder Jon Ludwig gives insight on how AI and machine learning allow diverse applications for oil and gas operations and less risk for cataclysmic failure, in this Hart Energy Exclusive interview.
AIQ, Partners to Boost Drilling Performance with AI ROP Project
2024-12-06 - The AI Rate of Penetration Optimization project will use AI-enabled solutions to provide real-time recommendations for drilling parameters.
Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making
2024-12-05 - Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.