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The pore structure and movable fluid characteristics of tight conglomerate reservoirs are complex, which are greatly different from conventional reservoirs. The depositional mechanism is the fundamental factor controlling the physical properties of conglomerate reservoirs. However, there is a lack of systematic research on the pore structure and movable fluid characteristics of conglomerate reservoirs with typical sedimentary facies. This paper investigates the pore structure and movable fluid characteristics of conglomerate of different sedimentary facies based on various experiments. Casting thin sections, X-ray diffraction, scanning electron microscopy, high-pressure mercury injection, and nuclear magnetic resonance experiments were conducted on 32 conglomerates samples from the Mahu Sag, Junggar Basin, China. The quality classification method of tight conglomerate reservoirs is established. The results show that the conglomerate can be divided into three sedimentary facies; traction flow conglomerate (TFC) and pebbled sandstone (PSS) mainly develop intergranular pores and dissolved pores; and the pore diameter curves are mainly a double peak, single peak, and flat peak. Gravity flow conglomerate (GFC) mainly develops dissolved pores and interstitial micropores, and the pore diameter curve is mainly a single peak. PSS includes pebbled gritty sandstone (P(G)SS) and pebbled fine sandstone (P(F)SS). TFC and P(G)SS are favorable class I reservoirs, while GFC and P(F)SS are nonfavorable class II reservoirs. A new parameter, the ratio of the major axis to the minor axis of the pore outer ellipse (axial ratio), is proposed to quantitatively describe the compaction effect. The average axial ratios of the three lithofacies are 3.04, 3.98, and 8.78, respectively, indicating that the compaction is intensified and the pore structure becomes worse. By analyzing the correlation between pore structure parameters and permeability, it is found that the main controlling factors of permeability of GFC and TFC are sorting and connectivity, respectively, and the main flow radius is the most suitable parameter to describe permeability. A linear spectral decomposition method was used to establish a new quantitative calculation method of movable fluid saturation for different types of pores, and the results show that the movable fluid saturation of intergranular pores is the highest (average: 65.43%), and the movable fluid saturation of TFC and P(G)SS with more intergranular pores is the highest. Movable fluid saturation is inversely proportional to the content of I/S and the compaction rate and positively proportional to the content of quartz and feldspar and the cementation rate. The fluid mobility of water-wet samples is weaker. The research results provide theoretical support for the identification of favorable reservoirs and the cognition of a development mechanism.

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Pore Structure and Movable Fluid Characteristics of Typical Sedimentary Lithofacies in a Tight Conglomerate Reservoir, Mahu Depression, Northwest China