Based on the proposed calculation method for determining the different dip angle fracture permeability coefficients derived from the well flow vibration equation and the self-developed slug test system, research on the slug test in a field in fractured rock mass was carried out based on the underground water sealed cavern project of the National Huangdao Petroleum Reserve. The formation lithology of the test site was granite gneiss, and the fractures were not developed, which is conducive to the research of slug tests on fracture permeability. On the basis of obtaining the geological information of boreholes by using the self-developed slug test system, comparative research on the segmented slug test and conventional water pressure test was carried out. The test results show that the proposed slug test method and self-developed test system has good accuracy and applicability for determining the fracture permeability coefficient, equivalent permeability coefficient and rock mass permeability coefficient tensor, which is more convenient and efficient than other test methods.