Due to the particularity of their process, petrochemical enterprises have high requirements for the reliability of power supply. If a large-scale blackout occurs due to a grounding fault, it will pose a huge threat to safe production. When the resonant grounding system of petrochemical enterprises faults, due to the complex fault process and weak fault signal, it is difficult to accurately detect the faulty feeder by traditional methods. This paper presents a new method of grey correlation degree based on adaptive frequency band. Firstly, the transient zero-sequence current of each feeder is decomposed by coif5 wavelet, and the low frequency band a5 (power frequency component) and high frequency band d1, d2 (noise signal) are removed. By stacking all of the remaining frequency band signals to construct the wavelet area matrix, the faulty feeder detection characteristic scale and the first faulty feeder detection result are obtained. Secondly, based on the faulty feeder detection characteristic scale, the second faulty feeder detection result is obtained by the average grey correlation degree matrix, which detects the faulty feeder according to the waveform correlation degree. Finally, the final faulty feeder detection result is obtained by equal weight voting. In MATLAB/Simulink, the 10 kV resonant grounding system of petrochemical enterprises is modeled. A large number of simulation results show that the faulty feeder detection method is not affected by the initial phase angle (0°, 45° and 90°), transition resistance (10 Ω, 100 Ω and 1000 Ω), fault distance (1 km, 8 km and 15 km) and overcompensation degree (5%, 8% and 10%), and has good sensitivity.