Cluster gathering with GCE Ocean Technology

Cluster gathering with GCE Ocean Technology We look forward to being a part of this year’s cluster meeting with GCE Ocean Technology in May! Ocean Innovation Lab is taking place on May 25-26 at Solstrand Hotell & Bad. This cluster meeting aims to define larger collaboration projects to accelerate the energy transition and increase exports […]

Meeting up with Goodtech, Bergen department

Meeting up with Goodtech, Bergen department In a world where climate change and global warming present a significant threat to the planet, renewable energy has become a necessity. Renewable energy is an energy source that is replenished naturally and promptly, such as wind, solar, hydropower, biomass, and geothermal. While traditional energy sources such as oil, […]

Experience the power of pForecast for FREE

Experience the power of pForecast for FREE On our new web page, Try pForecast, we have provided information on how our prospective users may try out pForecast. We highly recommend beginning with scheduling a demo with our product experts. This will provide you with a guided tour of the tool and its capabilities. If you […]

Powersim Software cruised along to Hywind Tampen at Sløvåg

Powersim Software cruised along to Hywind Tampen at Sløvåg We want to extend our appreciation to GCE Ocean Technology, Equinor and DnB for organising an unforgettable boat trip to experience the world’s largest floating wind park, Hywind Tampen. The Vision of the Fjords tour provided us with an up-close view of the floating turbines at […]

Effect of rig availability and non-drilling plans on drilling schedules

Article about how pForecast handles the effect of rig availability hand non-drilling plans on drilling schedules.

This article explains how pForecast allows users to input drilling plans and consider the effects of rig availability and non-drilling periods on future production. The rig availability factor is entered as a percentage in pForecast and influences the drilling schedule performance. Meanwhile, non-drilling periods with fixed start times and uncertain duration can be inputted as […]

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 […]

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 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 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 […]