Coalbed methane has been explored in many basins worldwide for 30 years, and has been developed commercially in some of the basins. Many researchers have described the characteristics of coalbed methane geology and technology systematically. According to these investigations, a coalbed methane reservoir can be defined: "a coal seam that contains some coalbed methane and is isolated from other fluid units is called a coalbed methane reservoir". On the basis of anatomization, analysis, and comparison of the typical coalbed methane reservoirs, coalbed methane reservoirs can be divided into two classes: the hydrodynamic sealing coalbed methane reservoirs and the self-sealing coalbed methane reservoirs. The former can be further divided into two sub-classes: the hydrodynamic capping coalbed methane reservoirs, which can be divided into five types and the hydrodynamic driving coalbed methane reservoirs, which can be divided into three types. The latter can be divided into three types. Currently, hydrodynamic sealing reservoirs are the main target for coalbed methane exploration and development; self-sealing reservoirs are unsuitable for coalbed methane exploration and development, but they are closely related with coal mine gas hazards. Finally, a model for hydrodynamic sealing coalbed methane reservoirs is established.