The oxygen and hydrogen isotope compositions of volcanic ash layers from coastal outcrops of the Miocene Monterey Formation elucidate the progressive burial diagenesis of glass to bentonite and metabentonite. Volcanic glass that texturally appears unaltered is found to have delta 18 O and delta D values that are significantly higher than fresh volcanic glasses. The positive shift in delta 18 O and delta D values is proportional to the amount of hydration and chemical alteration of the glass samples. Initial hydration of the glass results in the exchange of Na for H: later hydration results in the loss of K and Fe in exchange for H and Na. The delta 18 O values of the most hydrated glass, and clay minerals from bentonite and metabentonite layers are approximately in equilibrium with slightly modified seawater. The delta D values of the hydrated glass, and clay minerals from bentonite and metabentonite layers, are significantly depleted in D relative to seawater and suggest meteoric exchange associated with tectonic uplift and erosion in the Pliocene and Pleistocene. Smectite from bentonite layers has delta 18 O and delta D values similar to the most hydrated glass samples, suggesting similar glass-water and smectite-water fractionation factors. Kaolinite and mixed-layered illite-smectite (I-S) altered from smectite have lower delta 18 O and higher delta D values than their precursor. The delta 18 O and delta D of nonvolcanic siliceous mudstones from the Pt. Arguello oil field show an unusual decrease in delta D with increasing burial depth that probably reflects the presence of organic hydrogen in the analyzed samples as well as possible D-depleted formation waters from detrital illite-water and hydrocarbon-water exchange.