Characteristics of China’s oil and gas pool formation in latest geological history

The structural activities took place extensively in the Asia continent during the Cenozoic era owing to the strong continent-to-continent collision and continuous compression between the India Plate and the Eurasia Plate. Huang Jiqing called such structural activities Himalayan movement. China’s sedimentary basins developed and took shape mainly during the Himalayan movement period. It is also the main period for formation and development of the oil and gas reservoirs. Of 366 large and medium-sized oil and gas fields currently found in China, 212 reservoirs were formed in the Neogene-Quaternary period. The proportion is as high as 68.2%. The oil and gas migration and accumulation in the latest geological period, which were controlled by the times, properties, styles and strength of the Himalayan movement, took place mainly in eight regions, such as the low uplift area of Bohai Sea, the onshore faulted sag area of Bohai Bay, anticlinorium zone in Daqing, the foreland fold-and-thrust belt in West China, the tilted structural zone in West China, the cratonic palaeohigh in the Tarim Basin, the zone of fault and fold belt in the East Sichuan Basin, and the biological gas zone in the East Qaidam Basin. The oil and gas pool formations in those regions have their own characteristics. With the great potential and broad prospect, those regions are the main exploration areas in China in the future.