Source Rock Evaluation and Hydrocarbon Expulsion Characteristics of Effective Source Rocks in the Fushan Depression, Beibuwan Basin, China

This study presents an integrated approach using organic geochemistry and incident-light organic petrographic microscopy techniques to characterize the kerogen type, hydrocarbon potential, thermal maturity, and effective depositional environment of the Eocene Liushagang Formation intervals in the western Huangtong Sag, eastern Bailian Sag, central Huachang Sub-uplift, and Southern Slope Zone area in the Fushan Depression, Beibuwan Basin. The results show that the hydrocarbon potential of these organic-rich lacustrine shale areas is mainly dependent on the depositional environment and the present-day burial depth of sediments. Oscillations and transitions between (i) rocks with dominant allochthonous organic matter (including primary/reworked vitrinite and inertinite macerals and terrestrial debris particles) representing a large influence of continental sediments (e.g., source supply direction) and (ii) rocks with dominant autochthonous organic matter (e.g., alginite) indicate a distal and stable lacustrine basin depositional environment. The source rock thickness ranges from 40.1 to 387.4 m. The average TOC of the Liushagang Formation in the Fushan Sag is between 0.98% and 2.00%, with the highest organic matter abundance being in the first and second sections of the Liushagang Formation, presenting as high-quality source rocks. The organic matter is predominantly Type II1 and Type II2. The highest vitrinite reflectance (1.14%) is in the Huangtong and Bailian Sags. The source rocks of the second section of the Liushagang Formation are primary hydrocarbon generators, contributing 55.11% of the total generation. Hydrocarbon sequestration peaks at %Ro 0.80%, with a maximum efficiency of 97.7%. The cumulative hydrocarbon generation of the Liushagang Formation is 134.10 × 108 tons, with 50.52 × 108 tons having been expelled and 83.58 × 108 tons remaining. E2L2X and E2L2S have maximum hydrocarbon displacement intensities of 184.22 × 104 t/km² and 45.39 × 104 t/km², respectively, with cumulative displacements of 52.99 × 108 tons and 15.58 × 108 tons. The oil and gas accumulation system is highly prospective, showing significant exploration potential.