Santos to deploy Xecta's IPSM solution at Eastern Australia and PNG assets
This digital oilfield project expansion marks a significant step in the application of real-time production optimisation technology.
The five-year agreement builds on the success of the IPSM's initial deployment in the Cooper Basin, which has already resulted in a measurable increase in production. The project will now extend to include Santos' Coal Seam Gas and PNG operations.
Developed by Xecta, the IPSM is claimed to be an industry-first solution that provides comprehensive insights for production optimisation.
By analysing billions of telemetry data points and automating engineering workflows, the platform delivers insights that traditional tools and manual processes cannot replicate.
The Cooper Basin deployment covered more than 1,000 wells and ten satellite facilities.
In one of Australia's most challenging operational environments, the IPSM has enabled Santos to modernise surveillance and optimisation workflows, leading to significant reductions in the time and effort required by engineering teams.
Xecta CEO Sanjay Paranji said: 'IPSM represents a fundamental shift in how production systems are understood and optimised.
'By combining domain physics with AI, IPSM enables a continuously calibrated view of field performance at scale—automating surveillance, surfacing optimisation opportunities, and dramatically reducing manual effort in even the most complex environments.'
In a different development, Santos has secured a mid-term contract with QatarEnergy Trading to provide approximately 500,000tpa of LNG for two years, commencing in 2026.
The LNG for this agreement will be procured from Santos' collection of resources and will be delivered on an ex-ship basis.
"Santos to deploy Xecta's IPSM solution at Eastern Australia and PNG assets" was originally created and published by Offshore Technology, a GlobalData owned brand.
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