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
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 […]
Powersim Software meets up with Norwegian Energy Partners
Exciting news regarding our new collaboration partner Norwep! Last week we had the pleasure of meeting with Tore Moe, Director of Oil & Gas in Australia, Malaysia, and Indonesia. During our meeting, we had the opportunity to showcase our innovative SaaS solution, pForecast. We discussed how we can expand our horizons and promote pForecast in […]
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 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 […]
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 […]