From 3 Weeks to 3 Days: Rethinking RNB Reporting with Modern Forecasting
What is RNB reporting—and why is it so challenging? Revised National Budget (RNB) reporting is one of the most demanding processes for energy companies. It requires high accuracy, consistency across assets, and the ability to handle uncertainty—often under tight deadlines. In practice, many organizations still rely on fragmented workflows: This creates a familiar pattern: weeks […]
A New Operator Begins Advanced Testing of pForecast
A new operator within the Oil & Gas industry has recently initiated a structured evaluation of pForecast, marking another step in the growing industry interest in modern, uncertainty-based forecasting. Rather than opting for a basic trial, the company has chosen a full-featured, paid test period, giving their team access to the most advanced capabilities available […]
We’re Attending the International Energy Forum 2025 in Oslo
Next week, industry leaders from across the global energy landscape gather in Oslo for the International Energy Forum 2025 – a focused arena for project insight, technical dialogue and high-impact business interaction. We’re excited to be part of it. This year’s forum offers seven technical sessions spanning the full energy value chain — from Oil […]
pForecast Product Committee meets in Bergen
How user collaboration shapes product direction How do we decide what to build next in pForecast? By working closely with the people who use it. Recently, members of the pForecast Product Committee met in Bergen to discuss priorities, share experiences, and acquire about future development. The committee brings together users and product representatives to ensure […]
New Release: Export and Import of Assets
Breaking Barriers: Share Forecasts Across Teams & Partners We’re excited to launch a new collaboration feature built for the energy sector. pForecast now offers a smarter way to manage production forecasts — transparent, efficient, and designed for cross-asset collaboration. With just a click, export and import files across teams, assets or organizations. With pForecast you […]
Powersim Software attended the SPE Norway Subsurface Conference
On behalf of Powersim Software, we would like to extend our gratitude to the SPE Norway Subsurface Conference, it was truly a privilege to participate. The conference provided an invaluable platform for industry professionals to convene, exchange insights, and mingle with other participants in the oil and gas sector. We were particularly impressed by the […]
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 […]
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 […]
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
How pForecast handles the effect of rig availability and non-drilling plans on drilling schedules Drilling schedule is a feature in pForecast that allows the end user to input detailed information about drilling plans to express how delays might affect future production. This article gives details on how end users of pForecast can consider the impact […]