Geological characteristics and resource potential of shale oil in major basins of China

China shale oil can be classified as interlayer shale oil (in sandstone, carbonate, and diamictite) and genuine shale oil. Considering the characteristics and strong heterogeneity of continental shales, it is recommended to evaluate the interlayer shale oil resources using the elemental volume method based on pore volume, and the genuine shale oil resources using the elemental weight method based on oil content. Four key parameters for genuine shale oil resource evaluation (i.e., S1, TOC, Ro, and shale thickness) and three key parameters for interlayer shale oil resource evaluation (i.e., interlayer thickness, porosity, and oil saturation) are determined, and the lower limits of parameters are defined accordingly. The evaluation results show that the geological resources of genuine shale oil in Qing-1 member of Songliao Basin are 52.23 × 108 t; the geological resources of shale oil in Chang-73 sub-member of Ordos Basin are 66.80 × 108 t, including 27.73 × 108 t interlayer shale oil and 39.07 × 108 t genuine shale oil; the geological resources of shale oil in Lucaogou Formation of Junggar Basin are 15.62 × 108 t, including 11.99 × 108 t interlayer shale oil and 3.63 × 108 t genuine shale oil. This study provides a reference for exploration decision of shale oil in China.