One of the giant hydrocarbon generation zones in Iran has been developed in the south of the Zagros Mountain Range (i.e., South Zagros), located between the South Zagros and the Persian Gulf in a foreland basin known for high levels of exploration uncertainties (due to the presence of complex structures, multiple source layers, and migration pathways). In this basin, the Permotriassic formations provide for the main reservoir strata, while the hydrocarbon content is deemed to be derived from the “hot shales” of the Silurian-Ordovician Sarchahan Formation, serving as source rock. As the focus of the present research, the Coastal Fars region is developed along the shores of southern Iran and hosts a number of gas reservoirs that have been increasingly discovered since 1970. Developed in the Permotriassic siliciclastics and carbonates of the Faraghan, Dalan, and Kangan Formations, gas reservoirs have made the Coastal Fars a hot zone for exploration and production activities. In this research, one 2D and five 1D models of the basin (at five exploration wells) were constructed to evaluate the maturity of the main Silurian-Ordovician source rock and further investigate the hydrocarbon charge, timing, migration pathways, and accumulation sites. The models were then utilized to investigate the relationship between the presence of multiple shale layers and hydrocarbon content of the reservoir at one of the studied wells using Rock-Eval analysis. This study showed that an uplift that happened after the hydrocarbon generation has led to a dry hole in the study area. The results indicated that the Sarchahan Formation is probably the main source rock across the region, according to previous researches in this area its organic contents were dated back to the late Ordovician rather than the Silurian. The shale intercalations across the reservoirs (Kangan and Upper Dalan), especially in the Khayam Field, were found to produce more than 90% of their hydrocarbon generation potential. No non-indigenous hydrocarbon was identified across the study area, implying that the entire hydrocarbon content was generated by the identified source rocks. Laboratory analysis indicated the presence of type II and type III kerogen at a local heat flow rate of about 65 mW/m2 since the Cretaceous. In total, the Sarchahan Formation was found to reach a maximum burial depth of 6 km, making it matured to overmatured all over the study area.