Natural gas hydrate (NGH) is a potential type of clean and efficient energy that is widely distributed in the ocean and permafrost, and most of the present researches are mainly focused on finding out efficient exploitation methods. Taking the effects of natural gas productivity and extraction time into account, one of the exploitation methods that are most commonly investigated is depressurization combined with thermal stimulation. However, few studies considered the effect of different mining methods on NGH production in vertical wells, especially aiming at the in-situ electric heating without mass injection and the comparison of production efficiency in different modes. Considering the current research status, four exploitation methods which are pure depressurization (PD), pure heating (PH), simultaneous depressurization combined with electric heating (SDH) and huff and puff (H&P) were carried out in this paper to study the influences of different production methods on NGH exploitation in a vertical well. Some parameters such as gas production (VP), water production (CP) and the energy efficiency (η) were investigated to evaluate the production performance of these methods. The results suggest that the temperature in the reactor is affected by the exploitation methods as well as the water production during exploitation. For PD, although it has no extra energy consumption, the longest production period is seen in it due to the insufficient pressure driving force. On the contrary, the NGH cannot be completely exploited only triggered by heating driving force with PH method. So there is a limited decomposition effect with it. Taking the gas production time, the VP, and the NGH dissociation rate into account, the production effects of SDH are more beneficial than other methods as the dual decomposition driving force was adopted in it. Furthermore, a reasonable heating power can result in a better production performance. On the other hand, promoted by pressure difference and discontinuous heating, H&P shows its obvious advantage in shortening production duration and improving energy efficiency, which is therefore believed to have the best commercial exploitation value among the four methods.