The origin of the Upper Paleozoic hydrocarbon accumulations in
the Huanghua Depression of Bohai Bay Basin was studied by petrography
and Rock-Eval pyrolysis on more than 90 coal, dark mudstone, and carbonaceous
mudstone samples, with 4 samples of hydrous pyrolysis. Additionally,
biomarker analysis of oils produced from the Upper Paleozoic reservoirs
were conducted. The source rocks were evaluated for their amounts
of type III kerogen and content of hydrogen-rich macerals. The samples
can be graded between fair and excellent quality, showing that the
source rocks possess good potential for gas and oil generation. The
main stage of oil generation occurs around 2600–4000 m [with
random vitrinite reflectance (R
o) values
of 0.7–1.3%], and gas generation happens in a wide depth range
(R
o up to 2.0%). Hydrous pyrolysis under
a closed system exhibits large potential for gas generation, and the
dark mudstone can generate 500–1000 mL/g of total organic carbon
(TOC) at a temperature between 350 and 550 °C. Coal and carbonaceous
mudstone exhibit a clear capacity for oil generation (5–25
mg/g of TOC), with dark mudstone showing the highest values (up to
84 mg/g of TOC at 400 °C). Two categories of crude oils produced
from the Upper Paleozoic reservoirs can be recognized, indicating
that the oils are mainly migrated from strata. The studied source
rocks and its produced oil are of high concentrations of diasterane
and gammacerane, Ts < Tm, and Pr/Ph ratios of 1.01–3.44,
indicating the input of coaly organic matter under a marine to continental
transitional environment. The results illustrate good gas generation
and limited oil generation capacity for the Upper Paleozoic source
rocks, and more attention should be focused on the natural gas exploration
in the study area and also other coal-bearing basins.