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 […]

Powersim Software cruised along to Hywind Tampen at Sløvåg

We want to extend our appreciation to GCE Ocean Technology, Equinor and DnB for organising an unforgettable boat trip to experience the world’s largest floating wind park, Hywind Tampen. The Vision of the Fjords tour provided us with an up-close view of the floating turbines at Wergeland Base in Sløvåg, which was truly a remarkable […]

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 […]

Easter holiday

The Powersim Software team wishes you a happy Easter holiday! During the Easter holiday, our office will be closed on the following days:   The Easter holiday in Norway is a time filled with different traditions. While it’s a common myth that all Norwegians visit their mountain cabins for skiing during Easter, the reality is that […]

zeb develops simulation and stress-test models for large banks using Powersim Studio

zeb develops simulation and stress-test models for large banks using Powersim Studio In the banking industry, simulation and stress test models are required from a managerial perspective as well as from a regulatory perspective. To provide high-quality scenarios and estimates, a holistic bank model needs to be defined based on various value and risk drivers […]

New release of pForecast

We’re thrilled to share that the latest release of pForecast is now available, packed with powerful enhancements that will take your forecasting and planning to the next level. One of the most exciting new features is the support for importing reporting schemes, tags, and report groups from Excel. This makes it easier than ever to […]

Happy International Women’s Day!

Today, we celebrate the incredible achievements of women around the world and recognize the progress we’ve made toward gender equality. Let’s continue to empower and support women in all aspects of life and work together to create a more inclusive and equitable world that benefits everyone.  Greetings from the Powersim Software Team  

Seminar on Investments and Big-tech trends

Thanks to Bergen Chamber of Commerce Industry and Tryg for hosting this breakfast seminar highlighting health-related investment trends from the USA and which health initiatives Big Tech focuses on now.  Very inspiring to listen to Dr Patricia Moore’s talk on the importance of design for the individual person (ENAVTI), but also impressive to learn how […]

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 […]