Martha Vasquez

Martha Vasquez is a core member of the Energy practice at Boston Consulting Group, specializing in upstream oil and gas, and oil and gas assets decarbonization and decommissioning.

Martha’s consulting experience for clients worldwide includes strategy, diagnostics and benchmarks, cost reduction, cost models, commercial due diligence, and digital dashboards. She has worked on projects covering upstream oil and gas exploration, development, production operations, decarbonization, and decommissioning.

Before joining the firm, Martha worked at McKinsey & Company and Schlumberger, where her focus was on production optimization, well intervention, field operations, and field development planning.

AREAS OF EXPERTISE

EDUCATION

MBA, London Business School
Bachelor of Engineering in Physics, Tecnológico de Monterrey

Publications and Videos

High Oil and Gas Prices Could Threaten Decommissioning Performance and Decarbonization Ambitions

The upcycle in oil and gas prices creates an opportunity for companies to invest in both sustainability and competitive positioning. Delivering on decommissioning commitments is core to this.

Toward Lower Emissions in Upstream Oil and Gas | Infographic

Toward Lower Carbon Emissions in Upstream Oil and Gas: The Infographic

Companies that act now to reduce the environmental footprint of their drilling operations can differentiate themselves from competitors and boost their valuation multiples.

The AI Angle in Solving the Oil and Gas Emissions Challenge

Digital tools enabled by advanced analytics, artificial intelligence, and machine learning can help companies uncover the fastest and most effective path to abating the O&G industry’s greenhouse gas emissions.

Drilling Contractors Benchmarks Uncover Significant Optimization Opportunities

The drilling industry remains challenged, despite recent improvements in commodity prices. Drastic operating model and performance improvement remain imperative for drilling contractors.

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Boomerang Decommissioning Liabilities: An Intensifying Risk

Six months ago, BCG highlighted the risk of so-called “boomerang” liabilities for oil and gas decommissioning. Since then, more than $1.5 billion of liabilities have flowed back to equity partners or former asset owners. It’s a growing issue and one to which both operators and regulators may need to pay increasing attention.

Three Steps Offshore Drillers Must Take Now

By rethinking their business and making bold moves today, offshore drillers can position themselves for healthy returns when the industry’s clouds finally lift.

Does Oil & Gas Risk a Wave of Idle Iron?

If low oil prices persist, deferred decommissioning spend and accelerated shutdowns could create a new wave of "idle iron"—resulting in increased costs, risks, and external scrutiny.

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Oilfield Services and Equipment: Double Declines

Current market conditions will make it challenging for some companies to stay afloat. Five actions can help oil and gas operators navigate multiple scenarios.

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Oil and Gas Needs Decommissioning Models That Work at Scale

It’s a half-trillion-dollar liability that will only grow over time. Leading operators in each basin must decide on a strategy and work with their suppliers to put it into action.

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A Roadmap for Cutting Decommissioning Costs by 30%

Oil and gas operators and governments have announced ambitious plans to reduce abandonment expenses. To make it happen, they need to orchestrate a multifaceted approach.

Preparing for the Next Wave of Offshore Decommissioning

Thousands of wells and structures in Southeast Asia, Latin America, and West Africa are nearing obsolescence. Governments must prepare for the massive decommissioning task ahead.

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The North Sea’s $100 Billion Decommissioning Challenge

Aggregate estimates for North Sea oil and gas decommissioning start at $100 billion and rise sharply. Systemic pain points among operators are adding complexity, time, and cost.

Deep Expertise, Broad Experience