Experience the power of pForecast for FREE
On our new web page, Try pForecast, we have provided information on how our prospective users may try out pForecast. We highly recommend beginning with scheduling a demo with our product experts. This will provide you with a guided tour of the tool and its capabilities. If you become as excited about pForecast as our […]
Effect of rig availability and non-drilling plans on drilling schedules
Effect of rig availability and non-drilling plans on drilling schedules This article explains how pForecast allows users to input drilling plans and consider the effects of rig availability and non-drilling periods on future production. The rig availability factor is entered as a percentage in pForecast and influences the drilling schedule performance. Meanwhile, non-drilling periods with […]
zeb develops simulation and stress-test models for large banks using Powersim Studio
zeb develops simulation and stress-test models for large banks using Powersim Studio In the banking industry, simulation and stress test models are required from a managerial perspective as well as from a regulatory perspective. To provide high-quality scenarios and estimates, a holistic bank model needs to be defined based on various value and risk drivers […]
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 […]
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 […]
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 […]
Offshore wind conference – Science meets industry
We had the opportunity to attend the Science Meets Industry Conference which took place at the University of Bergen, and we want to thank Bergen Offshore Wind Centre (BOW), Norce, and GCE Ocean Technology for hosting the conference. We were able to mingle with a lot of new and interesting contacts. We look forward to […]
Workshops at South Africa System Dynamics Conference
In a virtual conference hosted by the South Africa System Dynamics Chapter, Len Malczynski, from Mindseye Computing, will conduct a workshop and a seminar related to Powersim Studio. The conference takes place from 16th to 18th Nov 2022. The South Africa System Dynamics Chapter (SASDC) is hosting a virtual 10th annual South African System Dynamics […]
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 […]