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 […]

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 […]

Attending the SPE Norway Subsurface Conference

We at Powersim Software AS would like to thank the Society of Petroleum Engineers International for a great subsurface conference! Yesterday we had a chance to meet with the oil and gas pioneers in Norway and learn more about their challenges. We really look forward to working across companies and providing them with our unique […]

Powersim Software will attend the SPE Norway Subsurface Conference

SPE Conference in Bergen takes place next week, hosted by Equinor. Powersim Software will be there to meet with oil and gas professionals to hear their prominent challenges and see how our software, pForecast, can help to generate the best possible forecast for the most challenging reservoirs.   We look forward to seeing you soon! 

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 […]

Powersim Software will be at OTD ENERGY 2021

We are thrilled to announce that we will be attending OTD Energy 2021 from 20-21 October in Stavanger We will be presenting  “First steps towards automated production forecast”  alongside Aker BP at 13:00 on 21st October.  We will be happy to have a discussion with you about new cloud-based technology for oil and gas production forecast […]