This study systematically analyzes reservoir formation mechanisms under deep burial conditions, integrating macroscopic observations from representative ultra-deep clastic reservoirs in four major sedimentary basins in central and western China. Developing effective clastic reservoirs in ultra-deep strata (6000–8000 m) remains a critical yet debated topic in petroleum geology. Recent advances in exploration techniques and geological understanding have challenged conventional views, confirming the presence of viable clastic reservoirs at such depths. Findings reveal that reservoir quality in ultra-deep strata is preserved and enhanced through the interplay of sedimentary, diagenetic, and tectonic processes. Key controlling factors include (1) high-energy depositional environments promoting primary porosity development, (2) proximity to hydrocarbon source rocks enabling multi-phase hydrocarbon charging, (3) overpressure and low geothermal gradients reducing cementation and compaction, and (4) late-stage tectonic fracturing that significantly improves permeability. Additionally, dissolution porosity and fracture networks formed during diagenetic and tectonic evolution collectively enhance reservoir potential. The identification of favorable reservoir zones under the sedimentation–diagenesis-tectonics model provides critical insights for future hydrocarbon exploration in ultra-deep clastic sequences.