Reorientation fractures may be formed in soft and shallow formations during fracturing stimulation and then affect well productivity. The principal focus of this study is on the productivity analysis for a horizontal well with multiple reorientation fractures in an anisotropic reservoir. Combining the nodal analysis technique and fracture-wing method, a semi-analytical model for a horizontal well with multiple finite-conductivity reorientation fractures was established to calculate its dimensionless productivity index and derivative for production evaluation. A classic case in the literature was selected to verify the accuracy of our semi-analytical solution and the verification indicates this new solution is reliable. Results show that for a fixed fracture configuration the dimensionless productivity index of the proposed model first goes up and then remains constant with the increase of fracture conductivity, and optimal fracture conductivity can be determined on derivative curves. Strong permeability anisotropy is a negative factor for well production and the productivity index gradually decreases with the increase of anisotropic factor. As principal fracture angle goes up, horizontal well’s productivity index increases correspondingly. However, the effect of reoriented fracture angle on the productivity index is not as strong as that of principal fracture angle. When reoriented fracture angle is smaller than principal fracture angle, reoriented factor should be as low as possible to achieve optimal productivity index. Meanwhile, well productivity index rises up with the increase of fracture number and fracture spacing, but the horizontal well has optimal reorientation fracture number and fracture spacing to get the economical productivity. Furthermore, the influence of the rotation of one central reorientation fracture on productivity index is weaker than that caused by the rotation of one external reorientation fracture. In addition, the asymmetrical distribution of one or more reorientation fractures slightly affects the productivity index when fracture conductivity is high enough.