Abstract: During annual oilfield development plan making, productivity contribution rate, productivity implementation rate, production decline rate, recovery factor and production rate are the key indices to determine reserves, production and productivity. According to the relationship between initial production and productivity of brought-in blocks, based on exponential, hyperbolic and harmonic equations of production decline and combined with recovery factor indices, the paper establishes a matching relationship among the key indices of annual oilfield development plan making, and analyzes the influences of productivity contribution rate, productivity implementation rate, initial decline rate, decline exponent and recovery factor on production rate. The established relationship could provide theoretical basis for reasonable selection of the key indices of annual oilfield development plan and can be used for production and productivity optimization during annual or mid-long tern planning