In recent years, significant efforts have been directed towards extracting deep shale gas (SG) in Luzhou. Understanding the factors influencing the accumulation and preservation of SG in the section extending from the Upper Ordovician Wufeng (WF) Formation (Fm) through the Lower Silurian Longmaxi (LMX) Fm is crucial for its large‐scale, profitable development. The shale layers in the LMX Fm located in the Luzhou‐Zigong area in the southern part of the Sichuan Basin have undergone unique geological processes, including deep deposition, intensive uplift, erosion and deformation. The Luzhou block, situated in the low‐fold zone in southern Sichuan between the southern slope of the paleo‐uplift in central Sichuan and the down‐warping fold zone in south‐eastern Sichuan, was studied using seismic, well‐log, drilling and core analysis and test data to understand its tectonic, sedimentary, reservoir and fracture characteristics and identify the principal factors controlling gas accumulation in this area. The study found that SG in the Luzhou block is primarily distributed in the WF Fm through the Longyi1 sub‐member. Class I continuous reservoirs, 2.6–20.3 m in thickness, are mainly found in the Longyi11–13 sublayers and those with large continuous thickness produced high yields during tests. Gentle anticlinal zones and wide, gentle tectonic structures with relatively high‐pressure coefficients have formed in this area. High‐angle fractures (HACs) in this area tend to accumulate free gas and, therefore, facilitate the accumulation and production of SG. The study concludes that the continuous thickness of Class I reservoirs and natural HACs controlled by the centre of the deep‐water continental shelf are the primary factors controlling SG accumulation in the Luzhou block.