Organic petrography and geochemistry of the Fu 2 member of the Paleocene Funing formation, Gaoyou Depression, Subei Basin, Eastern China: Implications for shale oil potential

The Fu 2 Member of the Paleocene Funing Formation in the Gaoyou Depression, Subei Basin is an organic matter-rich formation, and has a high potential for shale oil exploration and exploitation. Total organic carbon (TOC), organic petrography, Rock-Eval pyrolysis, chloroform bitumen “A” extraction, and SARA (saturates/aromatics/resins/asphaltenes) composition analyses of shale samples from one drill core in the studied area spanning a thickness of 257 m were conducted to study the organic matter (OM) richness, kerogen type, maceral composition, hydrocarbon generation potential, and oil content of the Fu 2 Member. Results show that the Fu 2 Member shales in the study area have a R_o of 0.87%, in the peak oil window, suggesting a high potential for hydrocarbon generation. The studied OM in shales mainly belongs to kerogen Type II, with a minor portion of Type I and Type III. Under microscopic observation, macerals in the studied shales are mainly composed of vitrinite, inertinite, alginite, and solid bitumen. The studied shales have an average TOC content of 1.41 wt%, indicating good petroleum potential. The variations of maceral compositions could affect the reliability when the Tmax is used as an indicator of thermal maturity. The lower Shale 4 and upper Shale 5 interval (3650–3700 m), with high TOC and high oil saturation index, is identified as the sweet-spot interval of the Fu 2 Member for shale oil exploration.