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 […]

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 […]

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 […]

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 […]