The invention discloses a method of determining oil and gas productivity based on oil and gas control effects of petrophysical 
facies, the method comprising obtaining reservoir 
physical property characteristic parameters, including 
porosity [phi], permeability K and single well production h reflecting the oil and gas productivity of a reservoir, of each exploration point in a research area through analysis; based on the obtained reservoir property characteristic parameters [phi] and K through analysis, and under the correction of actual [phi] and K of a single well in geophysical 
logging, establishing a reservoir property plane 
distribution diagram; based on the obtained reservoir property characteristic parameters [phi], K and h through analysis, establishing a relationship graph among [phi], K and h; based on the relationship graph among [phi], K and h, conducting quantitative 
standardization on petrophysical 
facies data of the reservoir, establishing a board chart of standardized values FI and h of the petrophysical 
facies, and conducting 
verification and feasibility analysis on the board chart of FI with h; and based on the reservoir property plane 
distribution diagram, and with combination of the board chart of FI with h, determining the oil and gas productivity of each exploration point of the reservoir so as to determine the oil and gas productivity of the entire research area. The method provided by the invention solves the problem of difficulty in predicting the oil and gas productivity of reservoirs, and provides important 
technical support for reservoir oil and gas research.