The Upper Permian Ravnefjeld Formation in East Greenland is composed of shales that laterally pass into carbonate buildups and platforms of the Wegener Halvo Formation. The Ravnefjeld Formation is subdivided into five units that can be traced throughout the Upper Permian depositional basin. Two of the units are laminated and organic rich, and were deposited under anoxic conditions. They are considered good to excellent source rocks for liquid hydrocarbons with initial average TOC (total organic carbon) values between 4 and 5% and HI (hydrogen index) between 300 and 400. The cumulative source rock thickness is between 15 and 20 m. The source rocks are separated and enclosed by three units of bioturbated siltstone with a TOC of less than 0.5% and an HI of less than 100. The e siltstones were deposited under relatively oxic conditions.

The organic geochemistry of the source rocks is typical for marine source rocks with some features normally associated with carbonate/evaporite environments [low Pr/Ph (pristane/phytane), low CPI (carbon preference index), distribution of tricyclic and pentacyclic terpanes].

The establishment of anoxic conditions and subsequent source rock deposition was controlled by eustatic sea level changes. The subenvironment (paleogeographic setting, influx of carbonate material, water depth, salinity) has some influence on a number of bulk parameters [TOC-HI relations, TOC-TS (total sulfur) relations] and, in particular, biomarker parameters such as Pr/Ph and terpane ratios. All the basal shales or shales in the vicinity of carbonate buildups or platforms are characterized by low Pr/Ph, high C₂₃ tricyclic terpanes, and high C₃₅ and C₃₃ hopanes.