Long-term oil and gas exploitation in reservoir will lead to pore pressure depletion. The pore pressure depletion will result in changes of horizontal in-situ stresses both in reservoirs and caprock formations. Using the geophysics logging data, the magnitude and orientation changes of horizontal stresses in caprock and reservoir are studied. Furthermore, the borehole stability can be affected by in-situ stresses changes. To address this issue, the dehydration from caprock to reservoir and roof effect of caprock are performed. Based on that, the influence scope and magnitude of horizontal stresses reduction in caprock above the depleted reservoirs are estimated. The effects of development on borehole stability in both reservoir and caprock are studied step by step with the above geomechanical model.