Evaluation of the Geological Characteristics and Exploration Potential of Tight Oil in the Neogene Upper Ganchaigou Formation in the Zhahaquan Area, Qaidam Basin

[Image: see text] The study of the geochemical characteristics of source rocks is an important part of tight oil evaluation. The Zhahaquan area of the Qaidam Basin is a new area for tight oil exploration in China. During the sedimentary period of the Neogene Upper Ganchaigou Formation (N1) in the Zhahaquan area, a set of source rocks of semideep lake and deep lacustrine facies as well as a set of thin, interbedded fine sandstone and argillaceous limestone was deposited, providing favorable conditions for the formation of tight oil. However, the study on the geochemical characteristics of source rocks in this area is relatively weak. The geochemical characteristics of the source rocks in the Zhahaquan area were determined via the experimental analysis of parameters such as vitrinite reflectance (Ro), chloroform bitumen “A”, total organic carbon (TOC), group components, kerogen types, rock pyrolysis, and aromatic compounds of crude oil. The following results were obtained: the Zhahaquan area had II(1)-type hydrocarbon source rock organic matter, and the TOC was 0.32%–1.32%. The type index (TI) was 48.70–72.23, the chloroform bitumen “A” content was 0.0034%–0.1133%, Ro was 0.810%–1.265%, and the cracking hydrocarbon peak temperature (T(max)) was distributed in the temperature range of 362–444 °C. The hydrocarbon generation conversion rate was 0.89%–10.0%. The reservoir mainly had intergranular pores, dissolution pores, and microfractures. The average porosity was 8.0%, and the average permeability was 0.861 × 10(–3) μm(2). The average oil saturation was 30.0%, and the average water saturation was 21.6%. From a comprehensive analysis of the results, the following inferences were derived. The parent material of the source rocks in the Zhahaquan area mainly originated from algae and other phytoplankton in the lake basin, which was a good source rock for oil exploration. The source rocks of this area have entered the threshold of hydrocarbon generation and are in the peak oil-generation stage. They have potential as industrial oil and gas resources. The oil test results of YD103 and seven other wells showed that the daily oil index per meter ranges from 0.38 to 6.5 m(3)/d·m, indicating that the source rocks have the ability to form industrial oil. Analysis of the geochemical characteristics of source rocks and study of reservoir geological characteristics will provide theoretical support and reference for tight oil exploration and development in Zhahaquan.