The Qom Formation is the most important hydrocarbon reservoir target in Central Iran. The Qom platform developed in a back‐arc basin during the Oligo‐Miocene due to the closing of the Tethyan Seaway. This formation consists of a variety of carbonate and non‐carbonate facies deposited on a platform ranging from supratidal to basin. A combination of tectonic and eustatic events led to some lateral and vertical facies variations in the study area. Six third‐order depositional sequences and related surfaces were identified regarding vertical facies changes in the studied sections of this Oligo‐Miocene succession. According to all results and data, this succession was initially deposited during the Chattian upon a distally steepened ramp of siliciclastic‐carbonate composition, including the Bouma sequence. Then, from the late Chattian to the Aquitanian, the platform changed into a homoclinal carbonate ramp with a gentle profile. With respect to tectonic activity, this phase was a calm period during the deposition of the Qom Formation. Finally, a drowned carbonate platform and a rimmed shelf emerged during the Burdigalian, terminated by the continental deposits of the Upper Red Formation. Regarding all geological characteristics, three main tectono‐eustatic evolutionary phases have been recognized in the Qom back‐arc Basin.