The Aptian carbonate Dariyan Formation (Shu'aiba equivalent) is one of the most important oil reservoirs in the Zagros Basin and the Persian Gulf (South and Southwest of Iran). The Dariyan Formation with mainly carbonate facies overlies the Gadvan (Hawar) Formation and is overlain by the Kazhdumi (Nahr Umr) Formation. Despite the reservoir importance of the Dariyan Formation, it seems that not much detailed work has been done about the facies characteristics, diagenetic processes and reservoir quality of this formation in the east of the Persian Gulf Basin of Iran.By using the new and valuable data obtained from the core, this study focused on the identification of microfacies, diagenetic processes, determining the sedimentary environment, biostratigraphy and reservoir characterization of this formation in one of the wells of Reshadat oilfield in the southeast of the Persian Gulf. The results obtained from microfacies study, led to the identification of seven carbonate and one mixed carbonate-clastic microfacies that were deposited in four facies belts including the inner ramp, middle ramp, outer ramp, and deep basin. Uniform facies changes and the absence of reef-forming organisms such as rudists and its replacement by Lithocodium algae with the ability to form patch reefs indicate the homoclinal carbonate ramp environment. The study of benthic and planktonic foraminifera, as well as algae, led to the identification of five biozones, which indicated the Aptian age for this formation.Based on petrographic study, the Dariyan Formation is affected by diagenetic processes such as Cementation, dissolution, mechanical and chemical compaction, dolomitization, bioturbation and pyritization. Correspondence of porosity and permeability data of the cores and petrophysical logs indicates that the reservoir quality of the Dariyan Formation in the studied field was affected by facies, and diagenesis factors. Reservoir characterization has revealed that the high quality zone is located in the intervals containing Lithocodium algae. In the Lithocodium-bearing facies (boundstone-floatstone) the presence of many interconnected pores and cavities in the skeletal network structure of Lithocodium/Bacinella algae have created a suitable reservoir quality and a permeable facies.