The Lower Triassic Sinbad Limestone Member of the Moenkopi Formation has produced minor amounts of oil in the Grassy Trail Creek field near Green River, Utah and is present below much of central Utah including the recently discovered Covenant field. Superb outcrops of this thin (15 m), mixed carbonate-silicilastic unit in the San Rafael Swell permit detailed analysis of its vertical and lateral reservoir heterogeneity. Vertically, the Sinbad Limestone comprises three facies associations: (A) a basal storm-dominated, well-circulated skeletal-oolitic-peloidal limestone association, (B) a storm-dominated, poorly-circulated hummocky cross-stratified siliciclastic/peloidal association, and (C) a capping peritidal cross-bedded oolitic dolograinstone association. Eleven microfacies are present in 14 measured sections within the Sinbad Limestone. Lateral variation is most pronounced in the upper part of the basal limestone where storm-deposited beds pinch out over a lateral distance of one kilometer. Otherwise, individual beds and microfacies display a large degree of lateral homogeneity and regional persistence. Diagenesis is strongly controlled by microfacies. Diagenetic elements include marine fibrous calcite cements, micritized grains, compaction, dissolution and neomorphism of aragonite grains, meteoric cements, pressure dissolution, and dolomitization. The paragenetic sequence progresses from marine to meteoric to burial. Marine and meteoric cements occlude much of the depositional porosity. Hydrocarbon-lined interparticle and separate vug (largely molds) pores (1-5%) characterize the skeletal-oolitic limestones with permeability ranging from 0-100 md. Low permeability/porosity characterizes the middle silicilastic unit. The best reservoir qualities (permeability 400 md) occur in portions of the dolomitized oolitic grainstones that form the upper 2 to 3 m of the Sinbad Limestone. Fracture analysis of the studied area indicates a strong NW-SE trend. Fracture spacing is associated with lithology. Fracturing of limestone possibly displays a higher dependence upon bed thickness and microfacies type. The degree of dolomitization controls and increases fracture spacing while siltstones display more closely spaced fractures. The basal limestone unit is an oil storage unit, medial siltstones are flow baffles/barriers, and the dolostone caprock is an oil flow unit. If good connectivity through fractures can be obtained between the dolostone and limestone units, the Sinbad Limestone has potential to serve as a reservoir. This study will not only aid in future Sinbad exploration, but will serve as a model for parasequence-scale intervals in thicker mixed carbonate-siliciclastic successions.