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 […]

Powersim Software attended OTD 2022

Powersim Software attended OTD 2022 This year’s OTD Energy 2022 conference was a very positive experience, where we were able to meet up with a lot of interesting contacts from a diversity of companies. Thanks to OTD Energy for arranging such a great event!  We were delighted to meet offshore wind players in B2B meetings […]

Powersim Software will attend OTD 2022

Powersim Software will attend OTD 2022 We look forward to participating in this year’s conference and attending the speed-dating event with Equinor Offshore Wind.  We can’t wait to meet players in the offshore wind industry. We would like to learn more about using our experience in the oil industry to make a greener future and […]

pForecast vs. reservoir simulation tools

pForecast vs. reservoir simulation tools This video gives you an overview of the difference between pForecast and reservoir simulation tools and why it is beneficial to have both.  Using a weather forecast as an example, we explain the difference between utilizing pForecast compared to performing multiple reservoir simulations. Check out the video to get a […]

Introduction videos to 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 of the main features and capabilities of pForecast  Both […]

Powersim Software attended ONS 2022

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 delighted to receive huge positive feedback regarding the salient features in pForecast. We are looking forward to following up on all our new acquaintances […]

Powersim Software will attend ONS 2022

Powersim Software will attend ONS 2022 We look forward to participating in this year’s conference to hear from industry executives, meet and mingle new acquaintances at ONS 2022 that takes place next week.  We look forward to telling you more about how, by using pForecast, you can digitalize and streamline your production prognosis. Corporate Roll-up […]

Incremental Profiles Analysis in pForecast

Article about Incremental Profiles Analysis in pForecast

Several factors, such as introducing new fields, new wells, or performing facility upgrades and maintenance, affect the production of already producing fields. This is mostly because of flow and processing capacity constraints and pressure effects in the flowlines. To support project investment decisions, incremental profile analyses can be performed to quantify the net production of […]

New feature: Incremental profiles analysis

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 in a reliable, efficient, and easy way, providing the necessary basis for decision-making and risk management.   As you […]

Attending the SPE Norway Subsurface Conference

pForecast is attending the SPE Norway Subsurface Conference

Attending the SPE Norway Subsurface Conference We at Powersim Software AS would like to thank the Society of Petroleum Engineers International for a great subsurface conference! Yesterday we had a chance to meet with the oil and gas pioneers in Norway and learn more about their challenges. We really look forward to working across companies […]