Abstract: Although the state has repeatedly asked petroleum enterprises to strengthen the transfer of mineral rights, there is still a lack of supporting income distribution mechanism in the integrated management of reserves and production and internal transfer of reserves.In order to strengthen the internal transfer of reserves in petroleum enterprises, encourage the circulation parties to reduce costs in the whole process of exploration and development, and improve the reserves circulation system.This paper analyzes the forms of international reserves trading and the mode of income distribution, defines the connotation and calculation method of reserve value, and preliminarily explores three methods of income distribution:"circulation price method", "performance appraisal method" and "profit sharing method".Using these three methods to calculate the income distribution of a pilot Z block, the "circulation price method" is the fairest, but it needs to bear the uncertainty risk of reserve value, and "performance appraisal method" is easy to be accepted, but the incentive function is insufficient, and "profit sharing method" is the most accurate, but the cycle is long, and the operation is complex.In actual operation, enterprises can choose one or the other according to their own characteristics.