Volcano–Sedimentary Dynamics and Hydrocarbon Prospectivity of a Continental Rift Lacustrine Basin: A Case Study from the Lower Cretaceous Xiguayuan Formation, Luanping Basin, China

Continental rift lacustrine basins typically feature multiple sediment sources under the combined controls of volcanism, tectonics, water balance and sediment supply, resulting in complex stratigraphic successions. This complexity is particularly pronounced in fine-grained successions, which are of high interest for their potential to generate and accumulate hydrocarbons. Nevertheless, the mechanisms governing the sedimentary transition from volcaniclastic to siliciclastic-dominated fills within a rift cycle remain poorly constrained. The Lower Cretaceous Xiguayuan Formation in the Luanping Basin accumulated in a lacustrine setting influenced by explosive volcanism, providing an excellent archive of siliciclastic–volcaniclastic interaction. Based on field observations, core descriptions, and petrographic analysis, sixteen lithofacies have been grouped into seven facies associations, including subaqueous ignimbrite, volcanically sourced turbidites, subaqueous volcanic ridge, central-lake sedimentation, shallow-lacustrine margin deposits, low-density turbidites, and high-density turbidites. Their spatial relationships reveal two volcanic pulses and document the lake’s environmental evolution, with deep-water background sediments overlying volcaniclastics and a marked increase in siliciclastic input upsection, reflecting a transition from an underfilled, volcaniclastic-dominated underfilled lake to a siliciclastic-dominated lake. Notably, the fine-grained sediments associated with volcanism exhibit excellent hydrocarbon potential. Organic-rich claystones and carbonate laminae form a microscopic source–reservoir system, in which volcanic inputs appear to enhance organic matter preservation and promote the development of reservoir-quality layers. This study elucidates how volcanic activity modulates sedimentation and sediment supply in a deep-lacustrine rift, offering new insights into volcano-sedimentary interactions and related hydrocarbon systems in continental rift basins.