pForecast Product Committee meeting

Reviewing pForecast progress and shaping what comes next Last week, the pForecast Product Committee met to review recent product development, discuss the roadmap ahead, and share ideas for the next generation of pForecast. The meeting brought together members of the pForecast team and customers who use the solution in their day-to-day production forecasting. With a […]
Powersim Software attended ONS 2026

A great week at ONS 2026 The pForecast team had a fantastic few days at ONS 2026 in Stavanger, connecting with professionals from across the energy industry and sharing how pForecast helps organisations improve forecasting and make better decisions under uncertainty. The event provided a valuable opportunity to meet both familiar faces and new contacts, […]
Powersim Software at ONS 2026

Meet us in Stavanger | 26–27 August 2026 Let’s talk production forecasting Will you be attending ONS 2026 in Stavanger? We’d love to meet you and talk about production forecasting in the oil & gas industry. Discover how pForecast can help you turn production data into better forecasts, understand uncertainty and collaborate across assets and […]
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 […]
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 […]
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 […]
We’re Attending the International Energy Forum 2025 in Oslo

Next week, industry leaders from across the global energy landscape gather in Oslo for the International Energy Forum 2025 – a focused arena for project insight, technical dialogue and high-impact business interaction. We’re excited to be part of it. This year’s forum offers seven technical sessions spanning the full energy value chain — from Oil […]
pForecast Product Committee meets in Bergen

How user collaboration shapes product direction How do we decide what to build next in pForecast? By working closely with the people who use it. Recently, members of the pForecast Product Committee met in Bergen to discuss priorities, share experiences, and acquire about future development. The committee brings together users and product representatives to ensure […]