The studio announced in June last year that it had partnered with Microsoft to develop a new title in an existing Xbox IP.
The extraction shooter will feature a similar game loop as other Far Cry titles, except with multiplayer and permadeath.
Based on an existing Microsoft IP, the project has been fully funded by the publisher and has a budget of $30-$50 million.
One is a multiplayer-only extraction-based shooter reportedly set in the Alaskan wilderness, while the other seems to be single-player.
EA Motive's Star Wars game will be revealed on Monday.