China vigorously implements the dual carbon strategy, and natural gas consumption continues to grow rapidly. It is urgent to improve the natural gas “production, supply, storage, and sales” system and accelerate the construction of underground gas storage (UGS). UGS requires “storage, injection, and extraction”. Faults are the primary factor of “storage”, the evaluation of fault-sealing is crucial for the safe construction and operation of UGS. Existing researches start from the perspective of the hydrocarbon reservoir, develop an evaluation of the basic characteristics of faults, lithological configuration of the fault’s two blocks, analysis of production performance, Shale Smear Factor (SSF), Shale Gouge Ratio (SGR), properties of fault-filling materials, 3D tectonic model, normal pressure on the fault plane, fault shear index, and fault plugging coefficient. This paper systematically analyzes the adaptability of existing methods and proposes an index to evaluate the fault-sealing capability of UGS. Taking the first UGS in SW China—Xiangguosi UGS as a case, using this workflow to evaluate the fault-sealing capability of 5 major faults. It is believed that the evaluation of fault-sealing on Xiangguosi UGS is good. This conclusion supports the design of construction key indicators and is the important basis point of the construction of the “signpost” UGS. It is of guiding significance and provides a reference for the evaluation of fault-sealing for the rebuilding of depleted gas reservoirs to UGSs.
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