As one of the important natural resources, oil resources play an irreplaceable role in China's social and economic development. At present, the social demand for oil is increasing gradually, and China's oil production is in the forefront of the world, which is both an opportunity and a challenge for the development of the oil industry. The research on petroleum geological exploration and storage in China is relatively lacking. As a non-renewable resource, excessive exploitation of oil will lead to the shortage of natural resources in China, which is not only extremely unfavorable to the development of the oil industry, but also leads to the collapse of China's social economy. Therefore, the relevant staff must do a good job in the corresponding reservoir work, conduct in-depth research on the exploration technology, and fully implement the reservoir evaluation scheme system, so as to improve the overall comprehensive level of China's petroleum geological exploration, carry out protective development on the utilization of petroleum resources on the basis of meeting the needs of China's social development, and improve the utilization rate of petroleum resources.