The Late Jurassic evolution of Boreal and Arctic basins is reflected in the widespread deposition of organic-rich black shales (source rocks). In this connection, the priority should be placed on the development and refinement of zonal schemes for the Upper Jurassic of the Laptev Sea coast based on ammonites, foraminifers, ostracods, dinocysts, and spores and pollen from reference sections as the basis for stratigraphic, paleogeographic, and facies studies. The Upper Jurassic and Lower Cretaceous reference section of interest is located on the left side of the Anabar Bay of the Laptev Sea (Nordvik Peninsula, Urdyuk-Khaya Cape). An uninterrupted and continuous section from Upper Oxfordian to Lower Valanginian is exposed in coastal cliffs and consists mainly of silty clay deposits with abundant macro- and microfossils. A reliable biostratigraphic subdivision of the Upper Jurassic interval of this section was taken as the basis for the assessment of the correlation potential of different fossil groups and subsequent interregional correlations, facies analysis, and detailed paleogeographic reconstructions of the study area. The analysis of variations in the composition of macrobenthic communities and microphytoplankton and terrestrial palynomorph assemblages and the biofacies analysis allowed the reconstruction of the evolution of marine paleoenvironmental settings in the western part of the Anabar–Lena sea and in the terrestrial settings in the adjacent land area of Siberia.