Stimulated Reservoir Volume (SRV) is one of new emerging hydraulic fracturing techniques to develop shale gas, tight sandstone and other unconventional reservoirs. The favorable geological conditions and reasonable fracturing design are critical factors to form complex fracture network that is different from conventional bi-wing fracture. In the reservoir, conductivity and drainage space can be enhanced by the fracture network. At present, numerical simulation of complex fractures is still based on the pseudo-3D model and depend on huge amount of calculation to obtain the fracture network. Therefore, this method has distinct differences in actual propagation and need to be computed intensively. Applying the theory of mechanics of materials and fracture mechanics, the equations of expansion and propagation for natural fracture are derived and the equation of stress shadow is adopted to consider the additional normal stress induced by adjacent fractures. Based on the propagation pressure, the length of branching fracture can be obtained by establishing a novel fracture network model. The model can be solved explicitly through the net pressure. This method can reduce the iterations effectively when many natural fracture must be accounted for the realization of numerical calculation. In order to verify the accuracy of the results, the parameters applied in the treatment are adopted as input for simulation, and the data of microseismic mapping are also used for matching the fracture network.