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
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 […]
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 […]
What’s new in pForecast?
What’s new in pForecast? The modern and cloud-based architecture of pForecast enables continuous deployment of new features and unlimited scaling. In the February 2023 release, the performance of stochastic analyses and incremental profiles analyses are enhanced. The way pForecast handles drilling schedule has improved, now allowing for defining an unlimited number of drilling targets within […]
Cluster Insight with Powersim Software
Cluster Insight with Powersim Software – One of the biggest challenges at the moment is to get hold of experienced employees so that we can continue to deliver new functionalities in accordance with our customers’ needs in the future, says CEO Tone Haveland. Cluster Insight offers a glimpse into the daily operations of GCE Ocean […]
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 joins GCE Ocean Technology
Powersim Software joins GCE Ocean Technology We are among 19 new companies to join the cluster GCE Ocean Technology in 2022. Powersim Software is one of the highlighted members.