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 […]

Powersim Software attended Conference in Florø

We were delighted to attend the Maritime Hydrogen and Marine Energy Conference for two days in Florø, Norway We would like to thank Ocean Hyway Cluster and GCE Ocean Technology for hosting a great conference on Maritime Hydrogen and Offshore Renewable Energy in Florø, where we were able to learn more about challenges and opportunities […]

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 […]

New feature: Incremental profiles analysis

New feature: Incremental profiles analysis We are excited to announce that the new feature of pForecast, incremental profiles analysis, is now available to all pForecast users. This new feature in pForecast enables users to derive incremental profiles in a reliable, efficient, and easy way, providing the necessary basis for decision-making and risk management.   As you […]

Powersim Software signs agreement with Arribatec

Powersim Software has signed an agreement with Arribatec Cloud about hosting of pForecast’s Software as a Service solution.  We are looking forward to collaborating with Arribatec Cloud. 

Cognite Data Fusion

We are happy to announce that the export of approved forecasts to Cognite Data Fusion (CDF) now covers a much larger range of estimates, in accordance with Aker BP ASA requirements. This feature is developed as part of phase 3 of Supersprint 6 (SS#6) together with Aker BP.  For further information contact us. 

Corporate Roll-up, a new feature of pForecast

We are glad to announce that the pForecast development team has added new functionality to the pForecast software Corporate roll-ups take the current hierarchy in pForecast to a new level, the corporate level. A corporate roll-up is a cumulation of values for a selected set of assets. The users can create as many roll-ups as […]

Powersim attended OTD Energy 2021

We would like to thank OTD Energy and Norwegian Oil & Gas for a fantastic fair. Powersim Software had this opportunity to present pForecast alongside Aker BP. Together we gave a brief overview of The First Steps towards Automated Production Forecasts. Aker BP addressed the challenges they face, and Powersim Software presented how pForecast acts as a statistical […]