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About Powersim Software

Powersim Software is a Norwegian company, based out of Bergen and are the developers of the pForecast SaaS solution.

What our customers are saying:

“Our goal is to deliver high-quality production forecasts in an efficient and consistent manner. pForecast offers us capabilities to combine uncertainties from the subsurface, drilling and operation domains. We use pForecast for a wide range of applications, including regular forecast updates and providing profiles for evaluation of project economics. The simulations are quick, and the result dashboard facilitates efficient communication between the users and decision makers. pForecast has helped to raise the quality of our production forecasts and has enabled us to gain more insight from our forecasting efforts.” Morten Heir, Vice President Exploration & Reservoir Development, Aker BP

About pForecast

The pForecast Software as a Service (SaaS) solution supports the petroleum industry to consider uncertainties as an integral part of their prognostic work. pForecast is a statistical analysis software to digitalize, simplify, and standardize how production forecasts are generated and utilized.

Keywords:

  • Effortless Planning and Smooth Update
  • Integration with a Third-Party Software
  • Uncertainty-Centric Approach
  • Generating Production Profiles
  • Mapping Uncertainties in Drilling Schedules via Gantt Chart
  • Corporate Roll-up Analysis
  • Incremental Analysis
  • Reporting to RNB/PRMS
  • Capacity Constraints
  • Voidage Management
  • Gas Lift