Through detailed magnetic and petroleum systems analysis, I have identified a relationship between hydrocarbon migration and reservoir magnetic signatures in Paleogene petroleum fields of the UK North Sea. Hydrocarbons in these fields generally diminished the in-reservoir ferromagnetic signature via the destruction of iron (titano)-oxides, and selectively enhanced their paramagnetic content. The enhancement is due to the formation of siderite and minor hexagonal pyrrhotite, pyrite, lepidocrocite and/or vivianite. The precipitation of hexagonal pyrrhotite and lepidocrocite is centred around the oil water transition zone (OWTZ). Lepidocrocite and greigite are also precipitated within the interbedded shales. Siderite is heterogeneously precipi...