Geophysical well logs were used to delineate the stratigraphic units and system tracks in the XYZ Field of the Niger Delta. The gross percentages for sand levels range from 93-96% in the shallow levels to 60-66% in the deeper levels. Porosity values ranged between 27% at shallower sections and 9% at deeper depths. Six depositional sequences were identified and categorized into their associated system tracts. Porosity decreases with depth in normal compacted formation for both sandstone and shale units. Surface porosity for sandstone is 42%, and for shale it is 38.7% from extrapolation of sub-surface porosity values to the surface. The depth to the base of Benin Formation is highly variable ranging between 1300 and 2600m. This study reveals the possibility to correlate sand levels over long distances which enables inferring porosity values laterally. The knowledge of the existent stratigraphic units, the Benin, Agbada and Akata Formations and their petrophysical parameters such as porosity, lateral continuity of the sands and shales, the variation of the net-to-gross of sands with depth, enables the reservoir engineer to develop a plan for the number and location of the wells to be drilled into the reservoir, the rates of production that can be sustained for optimum recovery. The reservoir engineer can also estimate the productivity and ultimate recovery (reserves) using the results on this work.