The Xiaoerbulake Formation in the Tarim Basin is considered one of the most important deep to ultradeep hydrocarbon reservoirs in the world. The objective of the present study is to analyze the facies, depositional environment and reservoir quality of the Early Cambrian Xiaoerbulake Formation in the Tarim Basin through integrated analysis of 120 m of cores, 3240 m of well cuttings, wireline logs and over 1100 thin sections from 17 exploration wells. Early Cambrian Xiaoerbulake Formation deposits in the Tarim Basin were deposited on a ramp setting. The ramp was occupied by seven facies associations and ten facies types ranging from the inner ramp to the outer ramp. These facies associations include tidal flat, lagoon, high-energy shoal, sabkha, inter-shoal, low-energy shoal and open shelf. Their distribution was controlled by paleogeographic patterns, sea level changes and the paleoclimate. Reservoir quality is considerably affected by facies together with diagenetic processes, including dolomitization and anhydrite cementation. High-quality reservoirs are found in the dolograinstone of high-energy shoal environments, which are favorable exploration facies in the carbonate ramp. Their pore space types consist of interparticle pores, intraparticle pores, intercrystalline pores, vuggy pores and moldic pores, with a porosity of 1.4%–7.5%. This study will help with our understanding of the stratigraphic framework, sedimentary-facies evolution and high-quality reservoir distribution of the Early Cambrian carbonate ramp in the Tarim Basin, facilitating exploration and the production of hydrocarbons from the Xiaoerbulake Formation.