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 […]

Winners of the quiz in relation to our 20th Anniversary

During December we celebrated our 20th Anniversary and invited you all to participate in an informal contest. Now we are happy to announce the winners of this informal contest! Congratulations to the winner of the 1st. prize:  Congratulations to the winners of the 2nd to 4th prizes:  The remainder of the winners will be contacted […]

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 becomes a member of GCE Ocean Technology

We are excited to share that we have now become a member of GCE Ocean Technology!   We look forward to being part of the large network of companies and organizations that operate within the ocean industries. Together we can work towards increased interaction and innovation with other partners and members.  We believe that we can […]

Powersim Software pitches for Skjoldblad

Thanks to GCE Ocean Technology for hosting the offshore wind supplier day last week in Bergen, where Powersim Software had the opportunity to pitch for the Skjoldblad consortium and meet with representatives from Iberdrola, TotalEnergies, and Norsk Havvind.  Our CEO was quoted on her statement on how focus was given to local supply chains:  “– […]

Celebrating 20 yrs Anniversary

Back on December 2nd of 2002, Powersim Software AS was established in Bergen, Norway, and this year we are immensely proud to celebrate our 20th Anniversary! Please join us when we revisit our history and take a trip down memory road. The Foundation Powersim Software is a technology company established based on the software tool […]

Contest – 20 years celebration continues!

To mark the 20th anniversary of Powersim Software, we invite you to participate in our informal contest, and if you answer correctly, you will be entered in the draw to win special edition prizes! The contest will run until 31.12.2022. Related news: Powersim Software AS celebrates its 20th Anniversary with a 20% discount 

Offshore wind supplier’s day with Skjoldblad 

GCE Ocean Technology and Øygarden Næringsutvikling are inviting you to a Supplier’s Day with Skjoldblad: TotalEnergies, Iberdrola, and Norsk Havvind.  Skjoldblad wishes to meet the supplier industry in the Bergen region to establish new relations related to both Norwegian and international allocations of offshore wind. We at Powersim Software will look forward to having the […]

Powersim Software AS celebrates its 20th Anniversary​

Back on December 2nd. of 2002, Powersim Software AS was established in Bergen, Norway. During the last 20 years, we have developed Powersim Studio into excellency as well as worked on numerous projects together with our many customers, both in Norway and worldwide. During the last decade, we have developed the pForecast flagship, an application for Oil & Gas. ​ We want to reach out and thank all our previous and […]