Powersim Software attended the International Energy Forum 2023

Powersim Software attended the International Energy Forum 2023 Powersim Software attended the Oil & Gas Sessions at the International Energy Forum 2023. And thanks to Norwep’s representative Vinnie Carvalho for allowing us the privilege to present our pForecast solution to Chevron’s Subsurface and Wells Manager; Nampetch Yamali. Nampetch Yamali was one of the presenters at […]

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 […]

Powersim Software meets up with Norwegian Energy Partners

Powersim Software meets up with Norwegian Energy Partners Exciting news regarding our new collaboration partner Norwep! Last week we had the pleasure of meeting with Tore Moe, Director of Oil & Gas in Australia, Malaysia, and Indonesia. During our meeting, we had the opportunity to showcase our innovative SaaS solution, pForecast. We discussed how we […]

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 […]

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 […]