Abstract By comprehensive study of reservoir and source rock distribution, petrology and geochemistry, the tight oil and its exploration potential was analyzed in the Triassic Yanchang Formation, Ordos Basin. The Triassic Yanchang Formation is rich in low permeability reservoirs. The proved geological reserves of tight oil, with the permeability less than 2×10 −3 μm 2 , is about two billion tons by now. The tight oil mainly occurs in tight sandstone reservoirs of Chang6-Chang8 oil-bearing members which are close to or interbedded with the oil shale layers, without long-distance migration. The large-scale gravity flow sandstone reservoirs of Chang7 and Chang6 oil-bearing members in the center of the lacustrine basin are particularly tight, with the permeability less than 0.3×10 −3 μm 2 in general. The tight oil in the Yanchang Formation features large scale in sand body complex, tight reservoir, complicated pore throat structure, high content of rigid components, abundant fractures and saturation, good crude property, low fluid pressure and low oil yield. The formation of large-scale superimposed tight oil reservoirs is controlled by the interbeded lithologic combination of extensive source rocks and reservoirs and the strong hydrocarbon generation and expulsion during geological history. This type of pools is an important potential resource for future oil exploration and development.