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.

What our customers are saying

Major Oil Companies Trust pForecast

Aker BP
Equinor

pForecast News

Introducing our new Quality Assurance Engineer

We would like to introduce you to our latest team member, Arnlaug Bøe, who has joined the Powersim team!  We are happy to welcome Arnlaug Bøe to the Powersim Software team, 

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New pForecast feature; Facility-2-Facility

We would like to highlight a new feature that we launched in pForecast in early July 2023. It is the possibility of connecting one facility to another on the asset level.  

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We attended cluster gathering by GCE Ocean Technology

Last week, we had an amazing time meeting incredible people passionate about and actively working towards the green shift to create a better future. Huge thanks to GCE Ocean 

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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