The Pinghu Formation is a low permeability sandstone reservoir in the KQT Region, East China Sea. Its porosity ranges from 3.6 to 18.0%, and permeability is distributed from 0.5 to 251.19 mD. The relationship between porosity and permeability was poor due to strong heterogeneity. This led to the difficulty of quantitatively evaluating effective reservoirs and identifying pore fluids by using common methods. In this study, to effectively evaluate low permeability sandstones in the Pinghu Formation of KQT Region, pore structure was first characterized from nuclear magnetic resonance (NMR) logging based on piecewise function calibration (PFC) method. Effective formation classification criteria were established to indicate the “sweet spot”. Afterwards, several effective methods were proposed to calculate formation of petrophysical parameters, e.g., porosity, permeability, water saturation (S_w), irreducible water saturation (S_wirr). Finally, two techniques, established based on the crossplots of mean value of apparent formation water resistivity (R_wam) versus variance of apparent formation water resistivity (R_wav)—S_w versus S_wirr—were adopted to distinguish hydrocarbon-bearing formations from water saturated layers. Field applications in two different regions illustrated that the established methods and techniques were widely applicable. Computed petrophysical parameters matched well with core-derived results, and pore fluids were obviously identified. These methods were valuable in improving low permeability sandstone reservoirs characterization.

The role of the horizontal well in developing unconventional oil and gas reservoirs is particularly significant. Different from vertical wells, horizontal wells are greatly affected by many factors, e.g., well track, surrounding mudstone, resistivity, and pore structure heterogeneity in horizontal and vertical directions. These make it difficult to evaluate reservoir parameters and determine optimized test layers. In order to improve formation evaluation in horizontal wells, it is necessary to carry out the research of analyzing formation anisotropy, predict physical property parameters, and classify formation to determine high-quality intervals. In this study, taking Triassic Chang 8 Formation in Shunning Region, Central Ordos Basin as an example, 40 core samples were drilled and applied for nuclear magnetic resonance (NMR), mercury injection capillary pressure (MICP), and resistivity experiments. The porosity, permeability, resistivity, and pore structure anisotropy are analyzed. Results illustrate that the physical properties and pore structure in horizontal direction are superior to vertical direction. Meanwhile, NMR log loses its role in pore structure characterization in horizontal wells. Afterward, methods of correcting interval transit time (DT) and resistivity anisotropy are raised, and models of predicting formation physical property parameters, such as porosity, permeability, and water saturation, are established. A parameter, named as the formation type indicator (FTI), is proposed to reflect reservoir oil-bearing properties and pore structure. Finally, our target horizontal intervals are classified into four types, and the highest-quality “sweet spot” is determined.