Representing pForecast and Powersim Software at EAGE Annual 2026 in Aberdeen
Powersim Software attended EAGE Annual 2026 in Aberdeen. EAGE (European Association of Geoscientists and Engineers) 2026 was a great opportunity to connect with professionals from across the oil and gas industry. We had many engaging discussions about production forecasting, uncertainty management, digital workflows, and the challenges facing today’s operators and asset teams. Thank you to […]
Meet Powersim Software and pForecast at EAGE Annual 2026
Why Production Forecasting Matters More Than Ever Powersim Software is pleased to announce that we will be attending European Association of Geoscientists and Engineers (EAGE) Annual 2026 in Aberdeen. As one of the leading events for geoscience, reservoir engineering and energy technology, EAGE provides a unique opportunity to connect with industry professionals, exchange ideas, and […]
From 3 Weeks to 3 Days: Rethinking RNB Reporting with Modern Forecasting
What is RNB reporting—and why is it so challenging? Revised National Budget (RNB) reporting is one of the most demanding processes for energy companies. It requires high accuracy, consistency across assets, and the ability to handle uncertainty—often under tight deadlines. In practice, many organizations still rely on fragmented workflows: This creates a familiar pattern: weeks […]
A New Operator Begins Advanced Testing of pForecast
A new operator within the Oil & Gas industry has recently initiated a structured evaluation of pForecast, marking another step in the growing industry interest in modern, uncertainty-based forecasting. Rather than opting for a basic trial, the company has chosen a full-featured, paid test period, giving their team access to the most advanced capabilities available […]
From forecasting to Strategy: Why pForecast Matters for Leadership
Production forecasts don’t just inform operations — they shape strategy.Yet many leadership teams still lack clear visibility into production outlooks, uncertainties, and sensitivities when making critical business decisions. We’ve launched a new pForecast resource page specifically for management — designed to turn complex forecasting data into clear, decision-ready insight. With the right visibility, leadership teams […]
Evaluate Incremental Production Impact with Greater Confidence
When evaluating new wells or development concepts, the key question is: what is the incremental impact compared to the base case? Understanding this difference is essential for assessing the true value of new investments, operational improvements, and development timing. Clear visibility into incremental production helps energy companies make more informed decisions, prioritize opportunities, and align […]
Full-Stack SQA Engineer added to the Powersim team
Powersim Software is proud to welcome Kutub Uddin Jalal Parag to our growing team. Parag joined us in February 2026 through Cefalo Bangladesh Ltd. as a Senior SQA Engineer and will contribute to strengthening the quality assurance foundation behind pForecast as we continue to refine and scale the product. Parag is a quality-focused Senior SQA […]
2025: A year of growth, innovation and results
2025 was a year of significant growth and product innovation for Powersim Software, driven by major improvements in its forecasting platform pForecast. In 2025, pForecast became faster, more user-friendly, and more widely adopted across the Norwegian Continental Shelf. New features improved simulation speed, visualization, and collaboration—helping energy companies make better, data-driven decisions. What were the […]
Christmas greetings from Powersim Software
From all of us at Powersim Software, we wish you a Merry Christmas and a Happy New Year. Thank you to our customers and partners for a year of strong collaboration and mutual trust. We wish you a peaceful holiday season and an exciting year ahead. Opening hours during the Christmas holiday
New pForecast Release – Built for Speed, Designed for Clarity
The latest pForecast release isn’t just an update — it’s a breakthrough: pForecast now delivers significantly faster simulations with optimized capacity calculations and smart caching, saving CPU and memory resources so you can run more simulations in parallel. Also, you can discover the power of interactive structure maps across assets, forecasts, and scenarios—giving you instant […]