Blasingame production decline is an effective method to obtain permeability and single-well controlled reserves. The accurate Blasingame production decline curve needs an accurate wellbore pressure approximate solution of the real-time domain. Therefore, the aim of this study is to present a simple and accurate wellbore pressure approximate solution and Blasingame production decline curves calculation method of a multi-stage fractured horizontal well (MFHW) with complex fractures. A semi-analytical model of MFHWs in circle-closed reservoirs is presented. The wellbore pressure and dimensionless pseudo-steady productivity index JDpss (1/bDpss) are verified with a numerical solution. The comparison result reaches a good match. Wellbore pressure and Blasingame production decline curves are used to analyze parameter sensitivity. Results show that when the crossflow from matrix to natural fracture appears after the pseudo-state flow regime, the value of the inter-porosity coefficient has an obvious influence on the pressure approximate solution of the pseudo-steady flow regime in naturally fractured gas reservoirs. The effects of relevant parameters on wellbore pressure and the Blasingame decline curve are also analyzed. The method of pseudo-steady productivity index JDpss can applied to all well and reservoir models.