The old oilfields in our factory have entered the period of high water cut, the target of fracturing has changed from the main layer to the non-main layer, and the main layers have been fractured again and again. We have difficulty in choosing proper layers because good layers are in high-water-cut and there are not enough emerge in poor layers. As the oil quality of new oilfields deteriorates gradually, the effect of the fracturing gets worse and the effective period is short. The fracturing potential is gradually reducing. In this paper, according to the characteristics of different oilfields, the focus of potential exploitation will be shifted to the high aquifer where the remaining oil is enriched and thin differential layer in old oilfields, The new oilfields will carry out fracturing reconstruction corresponding to oil and water wells to shorten the displacement distance. By constantly quantifying and optimizing the principle of well selection and layer selection, perfecting the adjustment mode, optimizing the fracturing technology and scale, and taking the “three development”, the fracturing potential is further released. The effect of the fracturing is guaranteed, and the development of the oilfield is improved.