This study investigates the transport and evolution of fine-grained gravity-flow deposits in lacustrine basins, focusing on the relationship between fine-grained deposits and their respective source–reservoir combinations. Such knowledge is vital for the exploration and development of unconventional oil and gas resources within the source-rock series of continental lake basins in China. We investigated the fine-grained gravity-flow deposits of the Late Triassic Chang73 Sub-member within the Yanchang Formation in the Ordos Basin. Our approach combined core observations, field outcrop evaluations, thin section analysis, scanning electron microscopy, geochemical data, and laboratory measurements. The sedimentary facies, characteristics, controlling factors, and sedimentary model of the fine-grained gravity-flow deposits are investigated. The primary sources of fine-grained sediments are terrestrial clastic and volcanic–hydrothermal fine-grained sediments. These sediments are mainly developed in warm, humid environments with abundant precipitation, favoring a highly reducible hypoxic terrestrial brackish–freshwater environment. Ten lithofacies and eight bed types of fine-grained gravity-flow deposits are categorized. Bed types represent deposits of muddy slide deposits, muddy slump deposits, muddy debris flow deposits, muddy flow deposits, hybrid event beds, fine-grained transitional flow deposits, surge-like turbidity flow deposits, and fine-grained hyperpycnal flow deposits. As a result of paleo-seismicity, volcanic events, and paleogeomorphology, instability and subsequent collapse of the delta front sediments led to the formation of gravity-flow deposits. These deposits formed the “channel–lobe complex” and “sublacustrine fan” sedimentary systems in both the southwestern and northeastern parts of the basin, respectively. Meanwhile, extraordinary flood events formed during the Carnian Pluvial Episode (CPE) played a significant role. It prompted increased fluvial drainage that drove fine-grained hyperpycnal flows through pre-existing valley systems, resulting in the establishment of the “channel–lobe complex” sedimentary system. The Chang 73 Sub-member contains high-quality hydrocarbon source rocks, laying the foundation for shale oil. The introduction of volcanic ash and the influence of hydrothermal activities amplify the enrichment of organic matter within the lacustrine basin. Fine-grained gravity-flow deposits yield siltstone-rich sweet intervals, primarily seen in surge-like turbidity and hyperpycnal flows. The interbedding of sandy and muddy sediments, influenced by hybrid event beds and fine-grained transitional flows, establishes a stratigraphic arrangement in which the upper layer nourishes the underlying reservoir. This structure is particularly beneficial for the development of shale oil and gas sweet intervals.
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