New release of pForecast
We’re thrilled to share that the latest release of pForecast is now available, packed with powerful enhancements that will take your forecasting and planning to the next level. One of the most exciting new features is the support for importing reporting schemes, tags, and report groups from Excel. This makes it easier than ever to […]
How to model Capacity Upgrade in pForecast
A new video covering another corner case has been added to the section called Appendix A of the user manual. You normally need a shut-in period during the process of facility upgrading. Since the duration of the shut-in period is uncertain, the last day of the shut-in period is unclear and that can be challenging […]
Powersim Software becomes a member of Norwegian Energy Partners
We would like to share with you that we have become a member of Norwegian Energy Partners! We look forward to being part of the vision Norwegian Energy Partners have to strengthen the long-term value creation and employment in the Norwegian energy industries through focused international efforts, building on the collective competitiveness of our partner […]
What’s new in pForecast?
What’s new in pForecast? The modern and cloud-based architecture of pForecast enables continuous deployment of new features and unlimited scaling. In the February 2023 release, the performance of stochastic analyses and incremental profiles analyses are enhanced. The way pForecast handles drilling schedule has improved, now allowing for defining an unlimited number of drilling targets within […]
How to model Slot Recovery in pForecast
We are proud to announce that we now have a new video covering extraordinary cases. We have added them to a new section called Appendix A. In the case of modelling a side track, pForecast can automatically shut down the existing well when the drilling of the new wellbore starts. In this video, you will […]
Powersim Software joins GCE Ocean Technology
We are among 19 new companies to join the cluster GCE Ocean Technology in 2022. Powersim Software is one of the highlighted members.
Powersim Software attended OTD 2022
This year’s OTD Energy 2022 conference was a very positive experience, where we were able to meet up with a lot of interesting contacts from a diversity of companies. Thanks to OTD Energy for arranging such a great event! We were delighted to meet offshore wind players in B2B meetings and to connect with companies […]
Powersim Software will attend OTD 2022
We look forward to participating in this year’s conference and attending the speed-dating event with Equinor Offshore Wind. We can’t wait to meet players in the offshore wind industry. We would like to learn more about using our experience in the oil industry to make a greener future and adapt pForecast to offshore wind needs! pForecast is […]
pForecast vs. reservoir simulation tools
This video gives you an overview of the difference between pForecast and reservoir simulation tools and why it is beneficial to have both. Using a weather forecast as an example, we explain the difference between utilizing pForecast compared to performing multiple reservoir simulations. Check out the video to get a quick introduction to the basics […]
Introduction videos to pForecast
We are delighted to let you know that we now have published two instructional videos to pForecast. In the first video you will learn what pForecast is and how it can help you and your company. The second video gives an overview of the main features and capabilities of pForecast Both videos are presented by […]