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The Cretaceous oil-bearing source and reservoir sedimentary succession in the Putumayo Basin, SW Colombia, was intruded by gabbroic dykes and sills. The petrological and geochemical character of the magmatic rocks shows calc-alkaline tendency, pointing to a subduction-related magmatic event. K/Ar dating of amphibole indicates a Late Miocene to Pliocene age (6.1 ± 0.7 Ma) for the igneous episode in the basin. Therefore, we assume the intrusions to be part of the Andean magmatism of the Northern Volcanic Zone (NVZ). The age of the intrusions has significant tectonic and economic implications because it coincides with two regional events: (1) the late Miocene/ Pliocene Andean orogenic uplift of most of the sub-Andean regions in Peru, Ecuador and Colombia and (2) a pulse of hydrocarbon generation and expulsion that has reached the gas window. High La/Yb, K/Nb and La/Nb ratios, and the obtained Sr-Nd-Pb isotopic compositions suggest the involvement of subducted sediments and/or the assimilation of oceanic crust of the subducting slab. We discuss the possibility that magma chamber(s) west of the basin, below the Cordillera, did increase the heat flow in the basin causing generation and expulsion of hydrocarbons and CO 2 .