Oliasoft Forecast

Transforming well and drilling estimates with time and cost precision

Step into a new era of accuracy and efficiency

Oliasoft Forecast redefines the standards of time and cost estimation in well drilling. Make well-informed decisions backed by the precision of Oliasoft Forecast. Revolutionize your well drilling experience with a product that redefines the standards of time and cost estimation.

Open Architecture for Optimal Precision

What truly sets Oliasoft Forecast apart is its open architecture and free data flow. With seamless integrations, our product becomes a powerful tracker tool, providing time and cost estimates that have been optimized with the most accurate data available. This level of precision is unparalleled, enabling you to make informed decisions with confidence.

Customers who are paving the way using Oliasoft Forecast®

Integrated forecasting software

Impact

Enhanced Decision-Making

Oliasoft Forecast provides precise time and cost estimates, enabling operators to make strategic decisions with a profound impact on project outcomes

Optimized Operations

By leveraging historical well data, Oliasoft Forecast allows for the screening of multiple concepts, leading to optimized drilling processes and increased operational efficiency

Strategic Resource Allocation

The tool's predictive capabilities support better resource allocation, ensuring that assets are utilized strategically, ultimately impacting the bottom line positively

Screen More Concepts, Make Optimized Decisions

The genuine value of Oliasoft Forecast lies in its ability to empower the screening of multiple concepts and estimates based on historical well data.
By leveraging advanced technology, users gain a strategic advantage in decision-making, ensuring every move is optimized for success.

Ida Sandvold, Forecast Product Owner at Oliasoft.

Oliasoft Forecast® is an influential tool reshaping how the energy industry envisions and strategizes for the future. Supported by a contemporary software architecture that allows open and flexible deployment, this tool offers unprecedented insights, empowering you to navigate the future with confidence. Whether it's predictive maintenance or resource optimization, Oliasoft Forecast is the gateway to ushering in a new era of operational excellence

Oliasoft Forecast is a powerful tool that revolutionizes how you anticipate and plan for the future in the energy industry. Backed by a modern software architecture that offers open and flexible deployment, it provides unparalleled insights, enabling you to make informed decisions with confidence. From predictive maintenance to resource optimization, Oliasoft Forecast is the gateway/key to ushering in/unlocking a new era of operational excellence

How Oliasoft Forecast Compares

WorkflowLegacy softwareIntegrated cloud software
Collection of input data (G&G, PPFG reservoir, targets, lithology etc.)Manual input after export from G&G/Reservoir software (e.g. Excel, text)Open API communication enables seamless data import from other software and databases
Drillability study (Iterate multiple surface locations, trajectories, and designs)Drilling engineers design each well trajectory separately, and iterate designs many times with different template surface location positionsAutomated well trajectories and optimized selection of surface location based on rule set criteria (MD, TVD, DLS, etc.)
Casing & Tubing DesignManual casing design in stand-alone software and calculators. Separate software for casing design and temperature simulations (tubing)Automated casing design based on rule set criteria (MD/TVD, PPFG, material specification, load calculations, safety factors etc.)
Wellbore engineering, drilling mechanics. Torque & drag, hydraulics, surge & swab)Calculators and simulators in separate softwareAll calculations and simulations integrated in the same software
Blowout and kill simulationsNot availableBlowout and dynamic kill (PVT support and transient multi-phase flow simulations) integrated in the software
Carbon, capture and storage (CCS/CCUS)Not availableAbility to simulate CO2 injection wells
User experienceClassic desktop software interface, old design choices often requiring experienced user to use all the functionality. Local installation (on server or computer) of all the different software packages requiredWeb browser based and user friendly interface. Intuitive and circular workflow between design modules. No installation required and all modules, calculators and simulators available in one single interface
Work time in softwareBetween one and two weeks to perform a full well designPotential savings measured at 60-80 % on time spent in the software. A full design can be performed in less than a day