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The Ri-Qing-Wei basin is located in the central Sulu Orogeny on the eastern side of the Tanlu fault zone in eastern Shandong province. To the north, the Jiaonan uplift separates it from the Jiaolai basin, where drilling in the lower Cretaceous sedimentary rock of the Laiyang group has indicated good oil and gas reserves. Drilling in the Ri-Qing-Wei basin, in contrast, is in the preliminary exploration stage. Lingke 1, the only scientific well, is on Lingshan Island on the basin boundary, and it encountered a large set of source rocks 700 m thick. The two basins were comprehensively compared and analyzed based on comprehensive fieldwork, drilling, core data, seismic profiling, sedimentary filling sequence, tectonic evolution history, basin burial history, geothermal history, and geochemical characteristics of the source rocks. The results showed three things: (1) from the late Jurassic to the early Cretaceous (the Laiyang period), subduction of the paleo-Pacific plate under the Eurasian plate delaminated the lithospheric mantle of the Sulu Orogeny, thus forming a series of passive continental rift basins. Of these, the Ri-Qing-Wei is central and the Jiaolai is its branch. After the active rift stage in the Qingshan period and the depression stage in the Wangshi period, the burial depth of the source rocks in the Ri-Qing-Wei basin was up to 6000 m, while the maximum burial depth in the Jiaolai basin was about 3000 m. The paleogeotemperature of both basins exceeded 125 °C, indicating that the source rocks were very mature. (2) A comprehensive comparison of their geochemical characteristics––organic matter abundance, type, and maturity––showed that both basins have oil-generating potential. It is worth noting that the magmatic activity in the Qingshan period had a positive effect on the evolution of the source rocks but was not the key factor: burial depth was. (3) Oil and gas failed to accumulate in the Jiaolai basin because they were destroyed by the lateral tectonic activities. During the right-lateral strike-slip stage (50 ± 5 Ma) during the late Wangshi, the Jiaolai basin was strongly uplifted over a range of more than 1000 m by the Tanlu and Wulian-Mouji fault zones along the boundary. The Wangshi group, as a cap rock, was eroded, and oil and gas overflowed along the fault that reached the surface. The late Wangshi period uplift of the Ri-Qing-Wei basin was less than 1000 m because the source rock was deeper, and the reverse faults in the basin were sealed well. The uplift did little damage to the oil in the Ri-Qing-Wei basin. Above all, tectonic evolution was the main controlling factor of oil accumulation in the study area, and the layers of the Laiyang group in the Ri-Qing-Wei basin have oil and gas potential, making it a prospective target for unconventional offshore oil and gas exploration.

A suite of source rock consists of mudstone and shale, with great thickness and continuous deposition was found in the well LK-1 in Lingshan island in Ri-Qing-Wei basin. In order to evaluate the hydrocarbon generation prospects of these source rock and find the mechanism of organic matter enrichment, shale samples were selected from the core for TOC (total organic carbon) and element geochemistry analysis. The results show that organic matter abundance of the source rocks are generally high with average TOC content of 1.26 wt%, suggesting they are good source rocks. The geochemical features show that the sedimentary environment is mostly anoxic brackish water to salt water environment with arid to semiarid climate condition. The enrichment mechanism of organic matter varied with the evolution of the basin, which was divided into three stages according to the sedimentary characteristics. In the initial-middle period of rifting evolution (stage 1 and early stage 2), paleoproductivity is the major factor of OM-enrichment reflecting by high positive correlation between the TOC contents and paleoproductivity proxies. While with the evolution of the rift basin, redox condition and terrigenous clastic input became more and more important until they became the major factor of OM enrichment in the middle stage of rift evolution (stage 2). In the later stage of rift evolution (latest stage 2 and stage 3), besides terrigenous clastic input, the effect of paleoclimate on OM-enrichment increased gradually from a minor factor to a major factor.

Total organic carbon (TOC) and hydrocarbon generation potential (Pg) are essential parameters for the qualitative evaluation of source rock and the basis for evaluating hydrocarbon resources in petroliferous basins. However, there will be some deviations in evaluating hydrocarbon resources of overmature source rock by using TOC and Pg. The super-thick overmature source rock of the Early Cretaceous Laiyang Formation was found in well LK-1, the Riqingwei Basin. To accurately understand the oil and gas potential of the Riqingwei Basin, this paper conducted a systematic organic geochemical analysis of the overmature source rock of the Early Cretaceous Laiyang Formation found in well LK-1. Combined with the results of previous thermal simulation tests on hydrocarbon generation of low-maturity samples in the Jiaolai Basin, the original total organic carbon (TOC0) content of source rock in well LK-1 was recovered and the evaluation criteria of overmature source rock was established. Results: (1) The average TOC content of well LK-1 source-rock samples is 1.25 wt.%, and the average Pg content is 0.11 mg/g. The type of organic matter is mainly type II2, including a small amount of type II1 and type III. The average reflectance of vitrinite (Ro) is 4.35%, which belongs to overmature source rock of a poor–fair level and mixed kerogen. (2) After recovery calculation, these samples’ original hydrocarbon generation potential (Pg0) contents ranged from 0.63 to 108.1 mg/g, with an average value of 6.76 mg/g. Furthermore, the TOC0 contents of the analyzed source-rock samples ranged from 0.62 to 30.6 wt.%, with an average value of 2.01 wt.%. It belongs to fair–good source rock, showing better hydrocarbon generation potential. (3) According to the relationship between the Pg0, Pg and TOC content, the evaluation standard for overmature source rock in well LK-1 was established. Under the evaluation standard of overmature source rock, a source rock with a TOC content exceeding 0.6% and a Pg content greater than 0.1 mg/g can be identified as a good source rock. This paper provides a foundation for the fine classification and evaluation of the overmature source rock of the Riqingwei Basin.

A rhyolitic tuff-mudstone interbedded rock outcrop with a good rhythm is found in the Yangjiaodong area of Lingshan Island, eastern Shandong Province. The volcanic eruption dynamics process was investigated by using the rhythm of volcanic accumulation method. Combined with the geologic setting of the study area, the parameter deposition rate is 6.5 m/Ma, and the mudstone compaction factor is 0.3 because the study area is the Ri-Qing-Wei Basin, which is the volcanic back-arc basin with insufficient source supply. Based on this, the time span of the analyzed sample was calculated to be 2.24 Ma, which represents the duration of this eruption event. We used software called Acycle to finish this research. The result shows cyclicity of 2.296, 5.78, 8.475, and 15.625 kyr and the scales of 2.17, 2.94, 3.12, and 18.87 m repeatability. Considering that magma eruption is affected by changing melt conditions, the crystallinity, water content, temperature, and pressure are comprehensively considered “activation conditions” to predict the dynamic process within the near-surface magma chamber, which is characterized using a pulsed volcanic eruption model.

Lower Cretaceous sedimentary rocks of Lingshan Island, located along the continental margin of East Asia, have received increased attention. The Lingke-1 core mainly belongs to the Lower Cretaceous Laiyang Group. We investigate provenance, tectonic setting, palaeoclimate and palaeoredox conditions in the study area using elemental geochemistry, thereby elucidating the depositional history of the Lower Cretaceous sediments and reconstructing the palaeo-environment. To achieve this, 90 siltstones and 76 mudstones were sampled from this core and other outcrops on Lingshan Island. The chemical index of alternation (CIA) values for the majority of the samples and the bivariate diagrams indicate that the sedimentary rocks were subjected to minor weathering processes. Geochemical results suggest that source rocks for the region are felsic igneous and metamorphic rocks, along with minor proportions of intermediate igneous rocks. Major- and trace-element discrimination diagrams, deciphering the tectonic history, indicate that source rocks mainly originated from the continental island-arc and active continental margin. Several representative geochemical indices and the bivariate plots based on elemental contents show that the Laiyang Group was predominantly deposited in arid conditions. Sr/Ba values suggest a palaeosalinity transition from brackish to saline, demonstrating a depositional transformation from lacustrine facies for the lower Laiyang Group to marine facies in the upper Laiyang Group. U/Th and V/(V+Ni) ratios and Ce anomalies in the rocks indicate anoxic conditions. We conclude that the conspicuous decline in the trends of the above three geochemical indices, ranging between 400 and 800 m, may be related to the latest Hauterivian oceanic anoxic event.