The eastern oilfield of Daqing Changyuan belongs to a medium low permeability oilfield as a whole. Some blocks were developed earlier and have entered the late stage of high water cut development. The main oil layer is severely flooded, and the remaining oil distribution is scattered. Conventional water flooding adjustments can no longer improve the development effect. It is urgent to learn from domestic and foreign oilfield development experience and use new technologies to maximize oilfield recovery. The technology of improving oil recovery by burning oil layers (fire flooding) has the characteristics of high oil displacement efficiency and high recovery rate. Therefore, conducting indoor evaluation experiments to further clarify the feasibility of low permeability thin oil fire drive development. We conducted on-site research, mainly investigating the mechanism of oil recovery by burning oil and the current status of domestic and foreign technologies, as well as investigating the application of relevant oilfield technologies in China. Three indoor evaluation experiments were conducted using typical rock cores, crude oil, and injection production parameters, including the thermal kinetics of thin oil oxidation/catalytic oxidation, the oxidation characteristics of crude oil during low-temperature oxidation stage, and one-dimensional experimental evaluation of fire flooding. Based on the experimental results, relevant understanding is obtained, and combined with typical geological parameters of the block, development stage, and current well conditions, the feasibility of fire flooding is evaluated. Provided technical support for significantly improving oil recovery in low-permeability and high water cut oil fields around Daqing.