According to the outcrop, well data, geochemical and reservoir property in lower Yangtze area. This paper analyses the sedimentary environment, thickness, distribution, buried depth, organic matter content and types, maturity and reservoir characteristics of shale in WufengGaojiabian Formation of Upper Ordovician to Lower Silurian. The shale is formed in shelf sedimentary environments with large thickness and moderate depth. WufengGaojiabian Formation contains 0.5% to 1.0% of organic carbon, consistent with typeIandII kerogen. The Ro in rang of 1.5%~2.5%, indication high mature to over mature stage for gas generation. It has high brittleness of mineral content in this set of shale with rich micro-fracture. The thickness of shale, buried depth, organic carbon and maturity shows that GaoyouHaianJurong of Northern Jiangsu, JingxianNingguo of Southern Anhui, Linan of Western Zhejiang areas are considered favorable zones for shale gas formation.
