New feature: Incremental profiles analysis

New feature: Incremental profiles analysis We are excited to announce that the new feature of pForecast, incremental profiles analysis, is now available to all pForecast users. This new feature in pForecast enables users to derive incremental profiles in a reliable, efficient, and easy way, providing the necessary basis for decision-making and risk management.   As you […]

Coming soon: Incremental profiles analysis

Coming soon: Incremental profiles analysis We are delighted to announce that the new feature of pForecast, incremental profiles analysis, has been developed as part of phase 3 of Supersprint 6 (SS#6) together with Aker BP. This functionality will soon be available to all pForecast users. With incremental profiles analysis, you can quantify the net production […]

Attending the SPE Norway Subsurface Conference

Attending the SPE Norway Subsurface Conference We at Powersim Software AS would like to thank the Society of Petroleum Engineers International for a great subsurface conference! Yesterday we had a chance to meet with the oil and gas pioneers in Norway and learn more about their challenges. We really look forward to working across companies […]

Powersim Software will attend the SPE Norway Subsurface Conference

Powersim Software will attend the SPE Norway Subsurface Conference SPE Conference in Bergen takes place next week, hosted by Equinor. Powersim Software will be there to meet with oil and gas professionals to hear their prominent challenges and see how our software, pForecast, can help to generate the best possible forecast for the most challenging […]

Powersim Software signs agreement with Arribatec

Powersim Software signs agreement with Arribatec Powersim Software has signed an agreement with Arribatec Cloud about hosting of pForecast’s Software as a Service solution.  We are looking forward to collaborating with Arribatec Cloud. 

Cognite Data Fusion

Cognite Data Fusion We are happy to announce that the export of approved forecasts to Cognite Data Fusion (CDF) now covers a much larger range of estimates, in accordance with Aker BP ASA requirements. This feature is developed as part of phase 3 of Supersprint 6 (SS#6) together with Aker BP.  For further information contact us. 

Corporate Roll-up, a new feature of pForecast

Corporate Roll-up, a new feature of pForecast We are glad to announce that the pForecast development team has added new functionality to the pForecast software. Corporate roll-ups take the current hierarchy in pForecast to a new level, the corporate level. A corporate roll-up is a cumulation of values for a selected set of assets. The […]

Powersim attended OTD Energy 2021

Powersim attended OTD Energy 2021 We would like to thank OTD Energy and Norwegian Oil & Gas for a fantastic fair. Powersim Software had this opportunity to present pForecast alongside Aker BP. Together we gave a brief overview of The First Steps towards Automated Production Forecasts. Aker BP addressed the challenges they face, and Powersim Software […]

Supersprint 6 together with Aker BP

Supersprint 6 together with Aker BP The pForecast team has finalized the second phase of the 6th Supersprint (SS#6) along with Aker BP. Phase 2 of SS#6 includes cutting-edge improvements for the end user, such as the possibility to limit production based on lack of injection. The pForecast team has finalized the second phase of SS#6 with Aker BP.   Phase 2 of SS#6 includes many improvements for the end user, and some major updates to the dynamics […]

Powersim Software will be at OTD ENERGY 2021

Powersim Software will be at OTD ENERGY 2021 We are thrilled to announce that we will be attending OTD Energy 2021 from 20-21 October in Stavanger. We will be presenting  “First steps towards automated production forecast”  alongside Aker BP at 13:00 on 21st October.  We will be happy to have a discussion with you about new cloud-based technology for […]