Basaltic reservoirs have produced hydrocarbon from Yurihara Field in Japan, Quiko Depression in China, and Padra Field of Cambay Basin and Western Offshore Basin in India. The availability of fractured, altered, and vesicular basalts contributes to reservoir development in this stratigraphic unit. This study is conducted in the Kutch-Saurashtra Basin, located at the western continental margin of the Indian subcontinent wherein, the Deccan basalt, with a thickness range of 200–2500 m, overlies Mesozoic sediments. The Jurassic and Cretaceous sediments constitute the main source rock in the area. Several wells have been drilled through the entire basalt section, and some are hydrocarbon bearing in basalt. The entire basalt section in the study area has been classified into four major units using gamma-ray logs. These units have been further subdivided into individual flows and correlated all over the basin. Analysis shows that the base of an individual basalt flow is massive, and the top is differentially altered. Crossplot analysis of P-impedance and VP/VS ratio carried out on logs delineates a zone of moderately weathered/altered basalt, which is due to spheroidal weathering and calibrated with sidewall cores. These moderately altered zones between two successive flows of basalt are the probable reservoir facies for hydrocarbon accumulation, provided that there is an overlying seal in the form of massive or completely altered basalt. Three-dimensional seismic data in the area show an alternating reflection pattern in the basalt section due to the alternation of massive and weathered basalt. The seismic signature of basalt in the area is similar to that of a sedimentary sequence in any given area. Continuity of the identified individual flows in seismic scale has been propagated over the entire seismic, and subsequent inversion has facilitated the deciphering of the probable hydrocarbon-bearing locales within basalt.