Powersim Software will attend ONS 2024

Powersim Software will attend ONS 2024 We’re excited to participate as Hosting Company together with Norwegian Energy Partners in this year’s ONS 2024 conference, where we’ll hear from industry leaders and connect with new acquaintances. We’re eager to share how pForecast can help you digitalize and streamline your production forecasting. Enhance your asset models by […]

New release of pForecast – Well dependencies

New release of pForecast – Well dependencies The latest update to pForecast introduces Well Dependencies, a feature designed to enhance the realism and accuracy of production forecasting. This feature allows users to interconnect the production schedules of multiple wells. Thereby, this will better reflect the actual operational shifts that occur in the field. Traditionally, production […]

New release of pForecast – connecting to a customer database

New release of pForecast – connecting to a customer database Our latest release of pForecast brings exciting new features to our users. With a focus on enhancing the user experience and efficiency when importing production history to pForecast. Here’s a summary of the key updates:  Production Data Mart (PDM) Integration: We are particularly proud to […]

Job opening

Det er for øyeblikket ingen ledige stillinger hos Powersim Software. There are, at the moment, no available positions at Powersim Software.

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 […]

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 […]

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 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 […]