Paul Goydan leads Boston Consulting Group’s Energy practice in North America across oil and gas, power and utilities, and new energy. He is a globally recognized expert on unconventional oil and gas, and coordinates BCG’s work globally on that topic. He is also a member of the Operations practice at the firm.
Paul works with clients globally across the energy value chain to help leadership teams improve operational performance and unlock their full potential. Since joining BCG in 2005, Paul has worked for some of the largest companies in the Fortune 500 on business development, strategy, and transformational improvement.
Recently Paul has worked with leaders on digitizing their operations and deploying new technologies including numerous projects across the value chain on drilling and completions, plant and refinery operations, supply chain strategies, and field force excellence.
The September 2019 strike on Saudi oil production facilities and the subsequent market response suggest that a new era of infrastructure risk management has arrived for the oil industry. To manage the emerging threat landscape, asset owners in the petroleum industry should consider borrowing best practices from military strategy. Adopting a systematic, strategy-linked approach to assessing threats to petroleum value chains can help build the robust processes that an asset owner must have in order to vet the diverse risks posed to an asset portfolio in today’s evolving threat environment.
By viewing production cycles through the lens of specific strategic phases, the shale oil segment can avoid costly errors.
The fossil fuel industry isn’t immune to disruption. Fundamental forces in mobility and power generation could compel oil companies to transform their businesses. Preparation is key.
Shale operators must do what is necessary to negotiate today’s highly challenging environment while positioning themselves for tomorrow.
