New release of pForecast – User friendliness

New Release of pForecast – Enhanced User Friendliness We’re excited to announce a new update of pForecast, featuring several new additions and improvements developed over the summer and early fall. This autumn release focuses primarily on enhancing user-friendliness, a key priority for us. Additionally, this update includes bug fixes based on feedback from our valued […]

Powersim Software attended ONS 2024

Powersim Software attended ONS 2024 We have to agree, it was the best ONS ever! We want to thank Norwegian Energy Partners for allowing us to take part as Hosting Company together with them on this year’s ONS 2024 conference. We were delighted to meet and be introduced to so many interesting people during our […]

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 […]

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 […]

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. […]

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 […]