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 […]

Powersim Software will attend OTD 2022

We look forward to participating in this year’s conference and attending the speed-dating event with Equinor Offshore Wind.  We can’t wait to meet players in the offshore wind industry. We would like to learn more about using our experience in the oil industry to make a greener future and adapt pForecast to offshore wind needs! pForecast is […]

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 […]