“…Through the analysis of important production indicators of the whole area and single wells, including pressure, oil production, water cut, water cut rise rate, and remaining recoverable reserves; the development effect is evaluated, the reasons for changes in important production indicators of the whole region and single wells, as well as problems in development, are identified, and corresponding countermeasures are proposed to guide the formulation of subsequent development adjustment plans. Development effect evaluation is a relatively routine work in the development direction of oil and gas fields, and the specific method can be referred to [4][5][6][7][8][9][10][11][12][13][14][15][16]. The water flooding characteristic curve method is used to determine the remaining recoverable reserves in this paper, and commonly used water flooding characteristic curves include type A, B, C, and D [12,13], as shown in Table 1, where α 1 , α 2 , α 3 , α 4 , β 1 , β 2 , β 3 , and β 4 are coefficients; W p , N p , and L p are accumulative water, oil, and liquid production, ×10 4 ton, respectively; R is the recovery; f wl is the limit water cut; and N is the original oil in place, ×10 4 ton.…”