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What is pForecast?

pForecast is a cloud-based service crafted to digitize, streamline, and standardize the creation and application of production forecasts. By seamlessly integrating data from subsurface tools such as Eclipse and ResX, it provides regular updates that significantly improve workflow efficiency. This innovative platform fosters a consistent operational approach, enabling in-depth analysis of assets and supplying management with detailed “corporate roll-up” reports. Furthermore, pForecast allows for last-minute adjustments, helping to conserve valuable time as deadlines for reporting draw near. Its semi-automated capabilities drastically lessen the time and energy needed for annual RNB reporting, thereby optimizing the entire process for users. As you adopt pForecast, you will not only embrace the future of production forecasting but also open the door to unprecedented levels of operational efficiency and productivity. With these advantages, organizations can confidently navigate the complexities of production forecasting and drive better decision-making.

What is Aucerna Previso?

Aucerna Previso empowers teams to efficiently model the intricate system of extraction, production, and distribution that encompasses various reservoirs, wells, subsea pipelines, compressors, and separators until the products reach consumers. This software offers operators a robust solution for forecasting and modeling production. The forecasts produced are aligned with market dynamics, enabling detailed production tracking at the component level and facilitating back-allocations through processing plants, pipelines, compressors, wells, and ultimately to each reservoir. Moreover, Aucerna Previso is capable of quickly and accurately adapting to historical data, predicting production profiles, and managing subsurface uncertainty by generating numerous scenarios essential for effective production planning across short, medium, and long-term horizons. In addition, Previso features advanced optimization algorithms specifically tailored for the industry that utilize intelligent block matrix techniques to improve linear programming, resulting in significantly faster solution convergence. The extensive functionalities of this software make it an indispensable tool for operators aiming to refine their production workflows and enhance overall efficiency, ensuring that they stay competitive in a rapidly evolving market.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

pForecast

Company Location

Norway

Company Website

pforecast.com

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/aucerna-previso/

Categories and Features

Oil and Gas

Not specified

Categories and Features

Oil and Gas

Not specified

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