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 […]
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 […]
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.