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.

Powersim Software becomes a member of GCE Ocean Technology

Powersim Software becomes a member of GCE Ocean Technology We are excited to share that we have now become a member of GCE Ocean Technology!   We look forward to being part of the large network of companies and organizations that operate within the ocean industries. Together we can work towards increased interaction and innovation with […]

Powersim Software attended OTD 2022

Powersim Software attended OTD 2022 This year’s OTD Energy 2022 conference was a very positive experience, where we were able to meet up with a lot of interesting contacts from a diversity of companies. Thanks to OTD Energy for arranging such a great event!  We were delighted to meet offshore wind players in B2B meetings […]

Powersim Software will attend OTD 2022

Powersim Software will attend OTD 2022 We look forward to participating in this year’s conference and attending the speed-dating event with Equinor Offshore Wind.  We can’t wait to meet players in the offshore wind industry. We would like to learn more about using our experience in the oil industry to make a greener future and […]

pForecast vs. reservoir simulation tools

pForecast vs. reservoir simulation tools This video gives you an overview of the difference between pForecast and reservoir simulation tools and why it is beneficial to have both.  Using a weather forecast as an example, we explain the difference between utilizing pForecast compared to performing multiple reservoir simulations. Check out the video to get a […]

Introduction videos to pForecast

Introduction videos to pForecast  We are delighted to let you know that we now have published two instructional videos to pForecast.   In the first video you will learn what pForecast is and how it can help you and your company The second video gives an overview of the main features and capabilities of pForecast  Both […]

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 […]