How pForecast handles the effect of rig availability and non-drilling plans on drilling schedules
Drilling schedule is a feature in pForecast that allows the end user to input detailed information about drilling plans to express how delays might affect future production. This article gives details on how end users of pForecast can consider the impact of rig availability and influence the scheduled time when there is no drilling activity. […]
New release of pForecast
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 […]
How to model Capacity Upgrade in pForecast
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 […]
Powersim Software becomes a member of Norwegian Energy Partners
Powersim Software becomes a member of Norwegian Energy Partners We would like to share with you that we have become a member of Norwegian Energy Partners! We look forward to being part of the vision Norwegian Energy Partners have to strengthen the long-term value creation and employment in the Norwegian energy industries through focused international […]
What’s new in pForecast?
What’s new in pForecast? The modern and cloud-based architecture of pForecast enables continuous deployment of new features and unlimited scaling. In the February 2023 release, the performance of stochastic analyses and incremental profiles analyses are enhanced. The way pForecast handles drilling schedule has improved, now allowing for defining an unlimited number of drilling targets within […]
Cluster Insight with Powersim Software
Cluster Insight with Powersim Software – One of the biggest challenges at the moment is to get hold of experienced employees so that we can continue to deliver new functionalities in accordance with our customers’ needs in the future, says CEO Tone Haveland. Cluster Insight offers a glimpse into the daily operations of GCE Ocean […]
How to model Slot Recovery in pForecast
How to model Slot Recovery in pForecast We are proud to announce that we now have a new video covering extraordinary cases. We have added them to a new section called Appendix A. In the case of modelling a side track, pForecast can automatically shut down the existing well when the drilling of the new […]
Powersim Software joins GCE Ocean Technology
Powersim Software joins GCE Ocean Technology We are among 19 new companies to join the cluster GCE Ocean Technology in 2022. Powersim Software is one of the highlighted members.
Powersim Software becomes a member of GCE Ocean Technology
Powersim Software becomes a member of GCE Ocean Technology We are excited to share that we have now become a member of GCE Ocean Technology! We look forward to being part of the large network of companies and organizations that operate within the ocean industries. Together we can work towards increased interaction and innovation with […]
Powersim Software celebrates its 20th Anniversary
Powersim Software celebrates its 20th Anniversary Back on December 2nd in 2002, Powersim Software AS was established in Bergen, Norway. During the last 20 years, we have developed Powersim Studio into excellency as well as worked on numerous projects together with our many customers, both in Norway and worldwide. During the last decade, we have […]