Abstract: Only 40%of the possible reserves in Nanyang depression have been discovered though the exploration history is long and the knowledge on oil and gas reservoir forming conditions and distributionn patterns are relatively abundant, thus there still remains large exploration potential. New discoveries are probable through full utilization of the abundant data and comprehensive research. It is proposed that future exploration should focus on the northern slop area and basic petroleum geological study should be strengthened in south of Dongzhuang and Beimazhuang areas.