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Well logs from nine deep exploratory and development wells in Kuwaiti oil fields have been used to study petrophysical characteristics and their effect on the reservoir quality of the subsurface Paleozoic Khuff and Unayzah formations. Petrophysical log data have been calibrated with core analysis available at some intervals. The study indicates a complex lithological fades of the Khuff Formation that is composed mainly of dolomite and anhydrite interbeds with dispersed argillaceous materials and few limestone intercalations. This facies greatly lowered the formation matrix porosity and permeability index. The porosity is fully saturated with water, which is reflected by the low resistivity logs responses, except at some intervals where few hydrocarbon shows are recorded. The impermeable anhydrites, massive (low-permeability) carbonate rock and shale at the lower part of the formation combine to form intraformational seals for the clastic reservoirs of the underlying Unayzah Formation. By contrast, the log interpretation revealed clastic lithological nature of the Unayzah Formation with cycles of conglomerate, sandstone, siltstone, mudstone and shales. The recorded argillaceous materials are mainly of disseminated habit, which control, for some extent, the matrix porosity, that ranges from 2% to 15% with water saturation ranges from 65% to 100%. Cementation, dissolution, compaction and clay mineral authigenesis are the most significant diagenetic processes affecting the reservoir quality. Calibration with the available core analysis at some intervals of the formation indicates that the siliciclastic sequence is a fluvial with more than one climatic cycle changes from humid, semi-arid to arid condition and displays the impact of both physical and chemical diagenesis. In general, the study revealed that the Unyazah Formation has a better reservoir quality than the Khuff Formation and possible gas bearing zones.