Based on the recent oil and gas discoveries and geological understandings on the ultra-deep strata of sedimentary basins, the formation and occurrence of hydrocarbons in the ultra-deep strata were investigated with respect to the processes of basin formation, hydrocarbon generation, reservoir formation and hydrocarbon accumulation, and key issues in ultra-deep oil and gas exploration were discussed. The ultra-deep strata in China underwent two extensional-convergent cycles in the Meso-Neoproterozoic Era and the Early Paleozoic Era respectively, with the tectonic-sedimentary differentiation producing the spatially adjacent source-reservoir assemblages. There are diverse large-scale carbonate reservoirs such as mound-beach, dolomite, karst fracture-vug, fractured karst and faulted zone, as well as over-pressured clastic rock and fractured bedrock reservoirs. Hydrocarbons were accumulated in multiple stages, accompanied by adjusting and finalizing in the late stage. The distribution of hydrocarbons is controlled by high-energy beach zone, regional unconformity, paleo-high and large-scale fault zone. The ultra-deep strata endow oil and gas resources as 33% of the remaining total resources, suggesting an important successive domain for hydrocarbon development in China. The large-scale pool-forming geologic units and giant hydrocarbon enrichment zones in ultra-deep strata are key and promising prospects for delivering successive discoveries. The geological conditions and enrichment zone prediction of ultra-deep oil and gas are key issues of petroleum geology.
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