pForecast Product Committee meets up in Bergen
Powersim Software is pleased to announce that we are hosting our first-ever pForecast Product Committee Meeting, bringing together key customers and industry partners to help shape the future development of our forecasting solution. The Product Committee is an important new initiative designed to create a structured arena for dialogue, knowledge-sharing, and joint prioritization. By inviting […]
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 […]
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
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 […]