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Unraveling the complex relationship between orogenesis and hydrocarbon formation and accumulation is challenging and is often hampered by physical and chemical overprints of younger events. The Permian reservoir in the Longmen Shan orogen, South China, is such an example, and its evolution has been hotly debated. In this study, we use a new combination of paleomagnetic dating analysis and Re–Os isotope dating to try to resolve this. Paleomagnetic dating of the hydrocarbon‐host carbonate indicates two remagnetization events during: (a) the Late Triassic, and (b) the Middle Jurassic–Cretaceous. These two remagnetization events are shown to represent two distinct stages of hydrocarbon accumulation. The paleomagnetic estimates are supported by Re–Os dating of bitumen (∼264 Ma) and oil (∼94 Ma). The two different Re–Os ages are associated with two periods of oil generation. We interpret these data in terms of known geological processes: (a) the ∼260 Ma Dongwu large igneous province caused oil generation, and the Indosinian tectonic event caused the migration and accumulation; and (b) the Late Cretaceous Yanshan orogenic events promoted another generation and entrapment of oil in the same reservoir. This combined approach reliably tracks the sequence of oil generation and accumulation, even when the source rock is uncertain, and multi‐phase accumulation and complex tectonism has occurred. Given that paleomagnetic and Re–Os dating are independent methods which can constrain multiple geological processes, when used together they have the potential to be universally applied. Plain Language Summary: Key to understanding complex geological processes is the dates and sequence of each event. The timing of hydrocarbon formation and accumulation is one such complex geological process that can be difficult to unravel, but critical to evaluate the complex orogenesis and hydrocarbon explorations. In this paper, we combine for the first time two independent dating methods to study hydrocarbon reservoirs of Longmen Shan orogen: (a) paleomagnetic and (b) rhenium‐osmium isotope dating. The two methods identified two periods of hydrocarbon formation, followed by two extended periods of hydrocarbon migration. This combined method is particularly powerful as it is independent of the hydrocarbon source rock and complex geological settings. Moreover, the two methods can provide additional tests for each dating technique. The new combined methods can, therefore, be applied in complex hydrocarbon‐bearing regions worldwide. Key Points: Paleomagnetic and Re–Os isotope data were collected for a hydrocarbon carbonate reservoir to determine the hydrocarbon evolution processesOil accumulations are found to have remagnetized the reservoir carbonates during the Late Triassic and CretaceousTiming of oil generation is constrained by Re‐Os dates of bitumen and oil hosted in carbonates at ∼264 and ∼94 Ma, respectively [ABSTRACT FROM AUTHOR]

The Yinggen‐Ejinaqi Basin (YEB) is located in the central‐southern part of the Central Asian Orogenic Belt (CAOB). Tectonically, the basin is situated at the intersection between the eastern and western CAOB, where Late Palaeozoic strata were well exposed. Hence, it offers a great opportunity to study the deep strata of the eastern CAOB. In this paper, based on extensive studies of Upper Palaeozoic field outcrops and reanalysis of associated geochemical and geochronological data in previous research, the local stratigraphic correlation is established, and the tectonic evolution, sedimentary filling, sedimentary characteristics, and petroleum system of the YEB are discussed. It is revealed that: (a) The filling characteristics of the Upper Palaeozoic strata in YEB are closely related to the closure of the Paleo‐Asian Ocean (PAO). YEB underwent subduction‐related compression during the initial extensional phase of the fore‐arc basin from the Viséan to the Serpukhovian (late Early Carboniferous). During the Bashkirian–Sakmarian interval (Late Carboniferous to Early Permian), it was in subduction‐related fore‐arc and postarc rifting phases. During the Artinskian–Capitanian (Early‐Middle Permian) times, it was in an intracontinental rifting‐depression phase. During the Wuchapingian (Late Permian), it was in an intracontinental compressional phase. Tectonostratigraphy, tectonic evolution, and hydrocarbon potential assessments of the study area show that the Zhusileng Hangwula‐Tost Ul tectonic zone (ZHTUTZ) and southwestern part of Querrshan‐Atasbogd tectonic zone (QATZ) are identified as the main prospective areas for the exploration in the YEB. (b) According to the tectonostratigraphic analysis, tectonic evolution and hydrocarbon system of Carboniferous–Permian in the YEB, the YEB has similar attributes to the basin province in western CAOB (e.g., Santanghu and Junggar basins) and eastern CAOB (Erlian, Songliao Basin). To explore commercial oil and gas in the deeper strata (Carboniferous–Permian) of the eastern CAOB basins, further tectonostratigraphic analyses and comprehensive assessment on hydrocarbon potentials are necessitated in the near future. [ABSTRACT FROM AUTHOR]