The accurate forecasting of oil recovery factors is crucial for the effective management and optimization of oil production processes. This study explores the application of machine learning methods, specifically focusing on parallel algorithms, to enhance traditional reservoir simulation frameworks using black oil models. This research involves four main steps: collecting a synthetic dataset, preprocessing it, modeling and predicting the oil recovery factors with various machine learning techniques, and evaluating the model’s performance. The analysis was carried out on a synthetic dataset containing parameters such as porosity, pressure, and the viscosity of oil and gas. By utilizing parallel computing, particularly GPUs, this study demonstrates significant improvements in processing efficiency and prediction accuracy. While maintaining the value of the R2 metric in the range of 0.97, using data parallelism sped up the learning process by, at best, 10.54 times. Neural network training was accelerated almost 8 times when running on a GPU. These findings underscore the potential of parallel machine learning algorithms to revolutionize the decision-making processes in reservoir management, offering faster and more precise predictive tools. This work not only contributes to computational sciences and reservoir engineering but also opens new avenues for the integration of advanced machine learning and parallel computing methods in optimizing oil recovery.