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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 analyses by 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
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What our customers are saying
Major Oil Companies Trust pForecast
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
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
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