Wrap-up of 2024 from Powersim Software

Wrap-up of 2024 from Powersim Software! At Powersim, we’re celebrating a successful year with remarkable growth, expanding the team and introducing new features to pForecast. We’re thrilled with what we’ve achieved and can’t wait to see what lies ahead! Product Enhancements Team Expansion and Strengthening Engagements and Industry Participation Client Engagements These developments reflect Powersim […]

Introducing Decline Curve Analysis

Introducing Decline Curve Analysis We are excited to introduce a groundbreaking new functionality in pForecast: Decline Curve Analysis (DCA)! This advanced feature empowers users to refine and update production forecasts with precision, leveraging historical production data. With DCA, users can seamlessly model the future production performance of wells and fields based on observed trends, enabling […]