Prediction of development targets in oilfield is significant on
distributing oil production , planning next development measure
and oilfield development scheme. Data were transformed with
method of accumulation and displacement. From the result we
select a group of data which is suitable with fratal model ,namely ,
using fractal theory to predict annual output ,water cut of Linpan
oilfield , the results are accordance with the actual value in
oilfield. It can be regarded as a guidance of oil production.
Finally , the paper points out the applied value and prospect of
this method in forecasting the development targets.