The shale of different potential layers is studied by using rock pyrolysis analysis, total organic carbon determination (TOC), kerogen microscopic component identification, mineral X-ray diffraction, scanning electron microscopy, and low-temperature nitrogen adsorption experiments. The results are as follows: (1) Shishui Formation of the Lower Carboniferous and Longtan Formation of the Upper Permian are the two most important shale gas reservoirs in the Chenlei Depression. The sedimentary environment of the target shale is a marine land interaction facies coastal bay lagoon swamp sedimentary system. Two sedimentary facies of tidal flat facies, subtidal zone, and lagoon swamp facies are developed. (2) The organic matter types of shale are Type III and II2, with TOC content greater than 1%. The maturity of shale samples is relatively higher (Ro,max is above 2%), which means they have entered the stage of large-scale gas generation. The overall brittle mineral content of the target shale sample is relatively higher (above 40%), which is conducive to artificial fracturing and fracture formation in the later stage, while an appropriate amount of clay minerals (generally stable at 40%) is conducive to gas adsorption. (3) The overall pore structure of the water measurement group and Longtan group is good, with a higher specific surface area and total pore volume (average specific surface area is 12.21 and 8.36 m2/g, respectively), which is conducive to the occurrence of shale gas and has good adsorption and storage potential. The gas content of the water measurement group and the Longtan Formation varies from 0.42 to 5 cm3/g, with an average of 2.1 cm3/g. It indicates that the water measurement group and the Longtan Formation shale gas in the study area have good resource potential.
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