The term «displacement characteristic» (DCh) was first proposed by D. A. Efros in 1959 to indicate the dependence of the accumulated oil withdrawal on the accumulated liquid withdrawal. Subsequently, DChfound wide application in the analysis of oil field development. Many authors proposed various modifications of the DCh coordinates, but directactual measurements of development parameters were always used - annual, accumulated measurements of oil, liquid, water production, water cut, liquid, oil, and water flow rates. Characteristics of oil displacement are called graphical dependences of accumulated oil production on accumulated or current values of liquid or water production, constructed based on actual data. With the help of cold water, three tasks were solved: assessment of recoverable oil reserves, calculation of the technological effect of geological and technical measures, and calculation of technological development indicators. But the main condition for application was the immutability of the development system.Recently, dependences that use parameters such as selection from geological or recoverable oil reserves have come to be classified as chemical dependencies. These dependencies have nothing to do with DCh. Justification of geological and recoverable oil reserves is an independent task; moreover, with the help of chemical recovery, recoverable reserves are found under the existing development system. Against the background of such a confusion of concepts, the definition of the concept of «standard» chemicals is introduced, which has no real meaning for an oil development facility.The dynamics of water cut refers to the change in water cut over time, for example, depending on the time of development of reserves, geological or recoverable. The dynamics of watering in this case has nothing to do with the cold water.The dry period is of great importance when developing an oil field. With the same finaloil recovery, the longer the water-free period, the better the economic indicators.Using the Buckley-Leverett function todetermine water cut is only possible when the flow is two-phase, oil and water. It is impossible to determine the anhydrous period using the Buckley-Leverett function, since it does not exist, therefore, constructing the dynamics of water supply only based on this function is incorrect.When conducting laboratory experiments on core material, in which the heterogeneity compared to the formation is minimal and can be identified with a one-dimensional flow, the anhydrous period is significant and reaches from 0.74 to 0.94 units. of the total volume of displaced oil.For a single-layer field, where there is only one homogeneous layer, the heterogeneity is greater than for the core, but less than for a heterogeneous development object. We can talk about an analogue of a two-dimensional flow with some degree of convention.Considering that these are not laboratory studies, where measurements are carried out more accurately, but production ones, the low-water-cut period (up to 10 %) is 0.4 of the total oil production from wells with simultaneous commissioning of wells. If the wells were commissioned at different periods of time, as is always the case in fields, then the dynamics of water supply are completely different, and water supply begins earlier than when all wells are commissioned simultaneously.