Xecta Secures Multi-Year Agreement with a Leading Global E&P Company for Rollout of ProdX Platform

Successful multi-asset pilot moves into full-scale implementation across the company’s global portfolio

Houston, TX — June 17, 2025 – Xecta today announced that a leading global Exploration and Production (E&P) company has selected its cloud-native ProdX platform for gas lift surveillance and optimization under a new multi-year agreement. The decision follows a successful pilot across the company’s global portfolio.

“Moving from pilot to full deployment is a major milestone for Xecta,” said Sanjay Paranji, CEO of Xecta. “ProdX was built to help operators streamline workflows and act on insights faster, and we’re excited to support our customer on that journey.”

ProdX combines real-time monitoring, optimization recommendations, and scenario-based forecasting into a single modular system, powered by hybrid AI and physics-based models. With this agreement, the platform will now scale to thousands of wells as part of our customer’s broader digital operations strategy.