A method and system for evaluation of a hydrocarbon-bearing shale formation employs a data processing system that defines a response model that relates first data representing measured petrophysical properties of the shale formation at a given location to second data representing volume fractions for a particular set of formation components at the given location. The first data includes hydrogen index at the given location, and the particular set of formation components of the second data include a number of mineral components and a number of hydrocarbon-bearing components. The hydrocarbon-bearing components include at least one kerogen component. A computation solver processes the response model along with the first data to solve for the second data. The solved second data representing the volume fraction of the at least one kerogen component is processed to derive at least one ratio that is indicative of kerogen maturity at the given location.