Martha Vasquez
Associate Director, Upstream Oil & Gas
London
Martha Vasquez is a core member of Boston Consulting Group's Global Oil & Gas Upstream team. She has over 15 years of exploration and production experience in the US, Brazil, the UK, and Mexico.
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, and decommissioning. In addition, she has experience in postmerger integration, transformation, and reorganization in the UK.
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.
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.
Current market conditions will make it challenging for some companies to stay afloat. Five actions can help oil and gas operators navigate multiple scenarios.
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.
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.
