The evolution of the atmospheric oxygen content through Earth’s history is a key issue in paleoclimatic and paleoenvironmental research. There were at least two oxygenation events in the Precambrian that involved fundamental changes in both biotic innovation and the surface environment. However, a large dissolved organic carbon (DOC) pool maintained in deep oceans during the Neoproterozoic may have extended the time interval between the two oxygenation events. To test the DOC hypothesis, we conducted detailed micro-drilled analyses of carbonate carbon isotopes (δ<sup>13</sup>C<sub>carb</sub>) of a long Ediacaran drill core (the Wangji drill core), for which whole-rock δ<sup>13</sup>C<sub>carb</sub> and organic carbon isotope (δ<sup>13</sup>C<sub>org</sub>) records were available. The micro-drilled δ<sup>13</sup>C<sub>carb </sub>values obtained in this study are consistent with whole-rock δ<sup>13</sup>C<sub>carb</sub> results, precluding the influence of severe authigenic carbonate incorporation. Importantly, the multiple negative δ<sup>13</sup>C<sub>carb</sub> excursions in the Wangji drill core were likely linked with upwelling events, during which DOC was supplied to the surface water and oxidized. Using box models, we estimate that ~3.6 × 10<sup>19</sup> mol and ~2.0 × 10<sup>19</sup> mol DOC were converted to bicarbonate during two negative δ<sup>13</sup>C<sub>carb</sub> excursions spanning millions of years. The estimations are approximately 1000 times the modern marine DOC reservoir. Our results support a relatively high oxidation capacity (elevated atmospheric <i>p</i>O<sub>2</sub> and/or oceanic [<inline-formula><tex-math id="Z-20220120101958">\begin{document}${\rm{SO}}_4^{2 - }$\end{document}</tex-math><alternatives><graphic xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="JUST-2021-0226_Z-20220120101958.jpg"/><graphic xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="JUST-2021-0226_Z-20220120101958.png"/></alternatives></inline-formula>]) of the Earth’s surface during the early Ediacaran Period.