The conglomerate reservoirs in the Triassic Baikouquan Formation have been identified as the major target for hydrocarbon exploitation in the Mahu Sag, Junggar Basin, Western China. Nevertheless, conglomerate reservoirs typically have lower porosity than sandstone reservoirs. Therefore, determining sweet spots is critical in reservoir modeling and further hydrocarbon exploitation. To investigate favorable areas and better predict the porosity of the Baikouquan tight oil reservoir, integrated methods were employed, including casting thin sections, scanning electron microscopy (SEM), wireline logs, rock physics template (RPT) modeling, geostatistical simulation, and Bayesian updating. The results showed that pore types consist of microfractures, intercrystal micropores, residual intergranular pores, and dissolution pores. Four rock types (RT) were identified via the built RPT, wherein velocity and porosity had a nonlinear relationship. Afterward, porosity simulation was performed and compared using sequential gaussian simulation (SGS), SGS with collocated cokriging (SGSC), and SGS with Bayesian updating (SGSB). Prior to the simulation, all the data were preprocessed to follow a Gaussian (normal) distribution. The range and azimuth of different RT in variogram modeling were then determined using data from horizontal wells. Consequently, it was revealed that the probability distribution frequency (PDF) of SGS with Bayesian updating was very similar to the hard data, whereas the PDF associated with SGS and SGSC may be biased. Particularly the PDF was too narrow for high values. The cumulative distribution function (CDF) of SGSB also showed a similar trend to the CDF of the input data. The ensemble-averaged (E-type) maps and quantiles maps revealed that SGSB had an advantage over collocated cokriging because it could capture the non-linear relationships between impedance and porosity. This study indicates that Bayesian updating is a reliable technique for incorporating secondary data in the calculation of reservoir properties.