Powersim Software attended the SPE Norway Subsurface Conference
Powersim Software attended the SPE Norway Subsurface Conference On behalf of Powersim Software, we would like to extend our gratitude to the SPE Norway Subsurface Conference, it was truly a privilege to participate. The conference provided an invaluable platform for industry professionals to convene, exchange insights, and mingle with other participants in the oil and […]
Powersim Software will attend the SPE Norway Subsurface Conference
Powersim Software will attend the SPE Norway Subsurface Conference. Norway’s only event dedicated to addressing well, drilling, completion, and reservoir management issues. The forthcoming SPE Conference in Bergen, scheduled for next week and hosted by Equinor, provides a pivotal platform for industry professionals to convene. Powersim Software will participate and are ready to meet and […]
Another operator is evaluating our pForecast application.
Another operator is evaluating our pForecast application. With the growing interest surrounding pForecast, we invite you to join the ranks of operators exploring its potential. Take advantage of the opportunity to test the application for free, without any commitments. On the Norwegian continental shelf, pForecast by Powersim Software stands as a pioneering application, attracting increased […]
A new operator is evaluating the pForecast application
A new operator is evaluating the pForecast application As the interest in pForecast continues to grow, we extend an invitation for you to be the next operator to evaluate its potential. Enjoy the free option to test the application, all without any further obligations. On the Norwegian continental shelf, pForecast by Powersim Software stands out […]
New pForecast feature; Well Intervention
New pForecast feature; Well Intervention With the latest release of pForecast, back in December 2023, we introduced a new feature regarding well intervention. This feature allows you to set up a well intervention schedule to quickly analyse how the intervention will influence your current forecast while still considering constraints and uncertainties for the forecast. Compare […]
Introducing our new Quality Assurance Engineer
We would like to introduce you to our latest team member, Arnlaug Bøe, who has joined the Powersim team! We are happy to welcome Arnlaug Bøe to the Powersim Software team, she started in her position on July 1st 2023, but has worked with us as a project employee since early 2020 and made a […]
New pForecast feature; Facility-2-Facility
New pForecast feature; Facility 2 Facility We would like to highlight a new feature that we launched in pForecast in early July 2023. It is the possibility of connecting one facility to another on the asset level. In the oil and gas industry, it is common to find multiple production facilities within a single asset. […]
We attended cluster gathering by GCE Ocean Technology
We attended cluster gathering by GCE Ocean Technology Last week, we had an amazing time meeting incredible people passionate about and actively working towards the green shift to create a better future. Huge thanks to GCE Ocean Technology for putting together such an inspiring conference. Together, we will make a difference!
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 […]
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 […]