Abstract: For onshore oil and gas development in China,1% of the gross sales revenue per year will be levied as mineral resource compensation fee by the government at present,whereas for the leased areas of onshore and offshore oil and gas development, the sliding scale rule is implemented to levy the royalty of 0~12.5%. Meanwhile, the resources tax is levied in accordance with the standard specific duty of 0~30 Yuan(RMB)/t to adjust the differential revenues of various oilfields. This is a part of available payable taxation system for oil and gas resources development in China. However, the taxation system has not taken the various differential factors and market factors of hydrocarbon reservoirs into full consideration. This paper, in view of these problems, proposes a dynamic and value-ranking method, on the basis of analysis on differential composition and influencing factors, combining with the actual performance of oilfield development in Junggar basin, with which we can evaluate the different areas, different oilfields and different oil products separately, and then determine their resources value ranks and reasonable taxation levels. In the end, the conception of levy ing the compensation fee of mineral resources in Junggar basin is presented.

Key words: Junggar basin, hydrocarbon resources, value