Summer Greetings from Powersim Software
Opening hours during summer After a busy first half of 2024, the Powersim team has released multiple highly requested features for pForecast. While our team is enjoying their vacations, our support and technical staff are available all summer. The office is open all weekdays throughout the summer holiday, and our support and technical staff are […]
System Dynamics conference visits Bergen
The 2024 International System Dynamics Conference We are excited to attend this year’s conference in Powersim Software’s hometown. The International System Dynamics Conference stands as a beacon for professionals and researchers from diverse backgrounds, converging to explore innovative methodologies, applications, and insights within the Systems Dynamics domain. Scheduled for August 4th through 8th, 2024, the […]
New release of pForecast – Well dependencies
New release of pForecast – Well dependencies The latest update to pForecast introduces Well Dependencies, a feature designed to enhance the realism and accuracy of production forecasting. This feature allows users to interconnect the production schedules of multiple wells. Thereby, this will better reflect the actual operational shifts that occur in the field. Traditionally, production […]
New release of pForecast – connecting to a customer database
Our latest release of pForecast brings exciting new features with a focus on enhancing the user experience and efficiency when importing production history to pForecast. Here’s a summary of the key updates: Production Data Mart (PDM) Integration: We are particularly proud to announce the support for import of production history from Production Data Mart (PDM) […]
Powersim Software will attend the SPE Norway Subsurface Conference
Norway’s only event dedicated to addressing well, drilling, completion, and reservoir management issues. The forthcoming SPE Conference in Bergen, scheduled for next week and hosted by Equinor, provides a pivotal platform for industry professionals to convene. Powersim Software will participate and are ready to meet and engage with oil and gas experts to discern their […]
Easter holiday
The Powersim team wishing you a joyful Easter holiday filled with that spring feeling! During the Easter holiday, our office will be closed on the following days: The Easter holiday in Norway is a time rich with cherished traditions. Above all, we revel in the fading of winter and the arrival of spring, basking in […]
Another operator is evaluating our pForecast application.
A new operator is now in the process of evaluating the pForecast application. With the growing interest surrounding pForecast, we invite you to join the ranks of operators exploring its potential. Take advantage of the opportunity to test the application for free, without any commitments. On the Norwegian continental shelf, pForecast by Powersim Software stands […]
Powersim Software renews Society Sponsorship
Powersim Software renews their Society Sponsorship for the System Dynamics Society With decades of experience in developing powerful simulation software, Powersim has consistently been at the forefront of empowering organizations across various industries to make informed decisions through dynamic modeling. Whether it’s production profiles in the Oil & Gas industry, enhancing public policy decision-making, or […]
A new operator is evaluating the pForecast application
As the interest in pForecast continues to grow, we extend an invitation for you to be the next operator to evaluate its potential. Enjoy the free option to test the application, all without any further obligations. On the Norwegian continental shelf, pForecast by Powersim Software stands out as a groundbreaking application, receiving increased attention from […]
New pForecast feature; Well Intervention
With the latest release of pForecast, back in December 2023, we introduced a new feature regarding well intervention. This feature allows you to set up a well intervention schedule to quickly analyse how the intervention will influence your current forecast while still considering constraints and uncertainties for the forecast. Compare different scenarios, to get instant […]