This study utilizes streamline simulation to model fluid flow in the complex subsurface environment of the Mishrif reservoir in Iraq's Buzurgan oil field. The reservoir faces challenges from high-pressure depletion and a substantial increase in water cut during production, prompting the need for innovative reservoir management. The primary focus is on optimizing water injection procedures to reduce water cuts and enhance overall reservoir performance. Three waterflooding tactics were examined: normal conditions without injectors or producers, normal conditions with 30 injectors and 80 producers and streamline simulation using the frontsim simulator. Three main strategies were employed to streamline water injection in targeted areas. Over a 22-year forecasting period and employing seven Strategies, streamline simulation were optimized both oil and water outputs. The hybrid Strategy-7 as mixed between all three outperformed Strategy-1 that was gave highest optimization result for only one strategy, yielding the highest cumulative oil production of 1281 million stock tank barrels, the highest oil recovery factor of 24.1%, and a minimal of 2.5% water cut. This study underscores the importance of streamline simulation in managing reservoirs under challenging subsurface conditions, highlighting that a thoughtful integration of streamlining tactics can significantly improve reservoir performance even enhancing oil recovery and addressing water-related issues. The findings contribute valuable insights for optimizing waterflooding strategies in similar globally geological contexts.