Powersim Software
Powersim Software

pForecast

Unique value proposition (UVP)

pForecast by Powersim Software — Corporate-Grade Production Forecasting pForecast is a modern, cloud-based production forecasting platform that replaces fragmented Excel workflows with a structured, auditable system. It standardizes forecasting across assets by combining proven methodologies, uncertainty analysis, and corporate roll-ups in one unified environment. Built for both reservoir engineers and top-level decision-makers, it enables technical teams to generate reliable forecasts using inputs from commercial subsurface tools, while providing management with transparent, decision-ready outputs for planning and portfolio steering. Integrated Monte Carlo simulations make uncertainty a core part of forecasting

Key Benefits

  • pForecast enhances decision-making efficiency by replacing fragmented Excel workflows with a structured, auditable system that improves transparency for management.
  • With integrated Monte Carlo simulations, pForecast directly incorporates uncertainty analysis into forecasts, providing more reliable planning for asset management.
  • The platform standardizes forecasting across assets, enabling consistent corporate roll-ups that support strategic portfolio steering and optimal resource allocation.

Company contact

Tone Haveland
CEO
tone.haveland@powersim.no+47 959 48 774

TRL scale

9
DevelopmentTech demoMature

Categories

Oil & Gas
Digitalization
  • Production operations

References

  • https://powersim.com/
  • Product page
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