The equations are obtained for effective coefficients of correlated random fields of permeability and porosity in a fractal porous medium. The fields have log-normal distributions. The refined perturbation theory is formulated that uses some ideas of the Wilson renormalization group. The theoretical results are compared with the results of a direct numerical modeling and the results of the conventional perturbation theory. The advantages of the refined perturbation theory over the conventional perturbation theory are demonstrated.