Talisman Energy - Guilty of Draughts
Oil and gas extraction has been a central part of the economy of Casanare since the 1980s.
Historically, British Petroleum (BP) has been the dominant petroleum multinational in
Casanare., BP started exploration and exploitation in Colombia in 1986. However in August
2010, BP was forced to sell the majority of its international shares after its catastrophic oil spill in
the Gulf of Mexico. At that time, BP sold its Colombian operations to Equion Energía, which was
comprised of Ecopetrol and Talisman Energy (51% and 49% respectively) for $1.9 billion
The oil industry’s impact on the environment of Casanare hit headlines in the spring of 2014
severe drought affecting over 250,000 hectares3 left 20,000 animals dead. The striking images
of animals laying dead alongside dried up rivers circulated beyond the usual social movement and environmentalist publications, reaching Colombia's mainstream news sources such as El
Tiempo, La Semana, El Heraldo, El Espectador, and El Pais.
It is important to note that, while Colombia only needs 300,000 barrels of Petroleum for its own
energy use, every day over 1,000,000 barrels are extracted from Arauca, Casanare, and Meta.
This extreme over-exploitation favours multinational companies that exploit Colombia’s oil
reserves for profit, rather than benefiting those in the region, or strengthening Colombia’s