pForecast

Smooth and efficient updates
of forecasts

What is pForecast?

Software as a service solution to digitalize, simplify, and standardize how production forecasts are generated and utilized.

pForecast uses input data from subsurface tools, such as Eclipse, Network models and ResX, and performs a full life-time simulation of the production and injection forecast. With pForecast users can assign uncertainties to input data and do stochastic analyseby running Monte Carlo simulations.

Generalized production forecasting workflow

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

DO YOU WANT TO KNOW MORE?

REQUEST A DEMO

What our customers are saying

Major Oil Companies Trust pForecast

Aker BP
Equinor

pForecast News

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 

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Powersim Software attended ONS 2022

Participating on ONS 2022, an amazing event, we had a lot of interesting conversations about our SaaS-solution; pForecast, with professionals in the energy field. We were

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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

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