Based on the available measurement data and literature on the hydrate deposits of the South China Sea, a numerical simulation with a new dual horizontal well system has been carried out. Warm brine stimulation combined with depressurization is employed as the production method. Two horizontal wells were situated in the same horizontal plane and they were placed in the middle of the Hydrate-Bearing Layer (HBL). The warm brine is injected from the left well (LW) into the reservoir, and the right well (RW) acted as the producer under constant pressure. The simulation results show that the effects of hydrate dissociation rate, gas to water ratio, and energy ratio are all better than the previous work in which the dual horizontal wells are placed in the same vertical plane. In addition, the sensitivity analysis indicates that a higher injection rate can enhance the hydrate dissociation rate and gas production rate, while a lower injection rate gives a more favorable gas to water ratio and energy ratio.