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 […]
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 […]
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 […]
Christmas greetings from Powersim Software
The Powersim Software team wishes you a Merry Christmas and a Happy New Year! Opening hours during the Christmas holiday
Powersim Software attended the International Energy Forum 2023
Powersim Software attended the Oil & Gas Sessions at the International Energy Forum 2023. And thanks to Norwep’s representative Vinnie Carvalho for allowing us the privilege to present our pForecast solution to Chevron’s Subsurface and Wells Manager; Nampetch Yamali. Nampetch Yamali was one of the presenters at the conference and one of many interesting people […]
Powersim Software AS Announces Milestone Five-Year Corporate Contract with Equinor ASA
Bergen, 11 October 2023 – Powersim Software AS, a leading provider of statistical analysis and production forecasting for the energy sector, is proud to unveil a significant corporate contract with Equinor on the Norwegian Continental Shelf (NCS). pForecast will provide Equinor with reliable and systematic production forecasts over the five-year contract with its capabilities to amalgamate […]
International Energy Forum 2023
Powersim Software looks forward to attending the International Energy Forum 2023 event that will take place in Oslo on the 13th and 14th of November 2023. Norwegian Energy Partners is hosting this event, a dynamic and interactive forum that connects you with the latest trends, technologies, and strategies in the energy industries. During the event, […]