Smooth and efficient updates
What is pForecast?
Software as a service solution to digitalize, simplify, and standardize how production forecasts are generated and utilized.
- Seamless Integration: pForecast uses input data from subsurface tools, such as Eclipse and ResX, ensuring a smooth transition with automatic updates at regular intervals.
- Uniform Workflow: Facilitating a standardized way of working, pForecast enables comprehensive analysis across your assets, providing management with “Corporate roll-up” reports and analysis.
- Flexibility for Last-Minute Changes: Adaptability is key. pForecast allows for last-minute adjustments, saving you valuable time in the lead-up to reporting deadlines.
- Automated Efficiency: Experience a significant reduction in time and effort when reporting for the yearly RNB, thanks to the semi-automated features of pForecast.
What our customers are saying
Major Oil Companies Trust pForecast
A new operator is evaluating the pForecast application
As the interest in pForecast continues to grow, we extend an invitation for you to be the next operator to evaluate its potential. Enjoy the free option to test the application, all without any
New pForecast feature; Well Intervention
With the latest release of pForecast, back in December 2023, we introduced a new feature regarding well intervention. This feature allows you to set up a well intervention schedule to
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
Generalized production forecasting workflow
pForecast uses input data from subsurface tools, such as Eclipse, Network models and ResX, and performs a full lifetime simulation of the production and injection forecast. With pForecast users can assign uncertainties to input data and do stochastic analyses by running Monte Carlo simulations.
The foundation for business optimization in Exploration & Production companies
Subsurface data take in well potentials and how much each well can deliver
Drilling data consists of drilling schedules and rig availability
Facility operations comprise production efficiencies, planned shut-ins and capacity constraints
Since pForecast is uncertainty-centric, uncertainty can be assigned to input data
With pForecast you can run both deterministic and stochastic analysis