Abstract Gravity flow sand body is an important reservoir for deep water deposition. The in-depth study of its formation mechanism and oil enrichment law can provide important guidance for oil and gas exploration in deep water areas. In this article, taking the deep-water gravity flow sand body of the Triassic Chang 63 sub-member in the Huaqing area as an example, the identification characteristics, formation mechanism, and oil-bearing characteristics of the gravity flow sand body are systematically discussed. The results show that sandy debris flow, turbidite flow, and mixed event flow present different superposition combination modes on vertical gravity flow deposition. The lithofacies of the gravity flow sandstone complex are mainly affected by lake level fluctuation, provenance supply, and hydrodynamic conditions. According to the formation conditions, sedimentary types. and distribution characteristics of deep water gravity flow sand bodies, a three-dimensional sedimentary mode of deep water gravity flow sand bodies is established. It is found that the physical and oil-bearing properties of the sandy debris flow sand body are better than those of the turbidity flow sand body. The reason is that the proportion of debris in the sand body of sandy debris flow is high, and the content of debris particles is generally greater than 70% according to the statistics of thin sections, which is conducive to the formation of pores. Second, sandy debris flow belongs to block transport, and the mixing of lithology is not sufficient in the process of block flow transport, so some pores will be preserved. Finally, gravity flows, which are dense at the beginning, become less dense later as detrital sediments unload, allowing them to be transported to distant regions. Therefore, the monolayer thickness of the sandy debris flow sand body is large (generally greater than 0.5 m), and the particle size of the debris ranges from 0.03 to 0.3 mm. Finally, the physical and oil-bearing properties of the sandy clastic flow sand body are better than those of the turbidity flow sand body.