For an array of applications of the high voltage pulse discharge technology in reservoir stimulations and to gain a deeper understanding of the fractures mechanism of deep well rock under cyclic electrohydraulic shock waves (EHSWs), the effect of confining pressure and hydrostatic pressure on the fracturing of rock under EHSWs are investigated in this paper. Firstly, a two-dimensional (2D) water-explosive numerical model is built to match the computed peak pressure of the EHSW with that obtained by the empirical formula by tuning the relevant parameters, based on the equivalent method of EHSWs. Then, a rock model is established to obtain the stress distribution under static loads. Subsequently, the water-explosive model is coupled with the rock model to obtain the stress distribution under static and dynamic loads. In addition, based on this coupling model, the influences of confining pressure and hydrostatic pressure on circumferential stress, radial stress in the rock and the fracturing of rock around the wellbore are discussed. Finally, two improvement measures (increasing discharge energy and changing loading mode) are proposed to acquire greater fracture density based on intensive numerical simulations. The results show that the increase in hydrostatic pressure is beneficial to the crack formation and development, whereas confining pressure is harmful. Moreover, the inhibitory effect of confining pressure on crack formation is greater than the promotion effect of hydrostatic pressure on crack formation. Increasing the discharge energy can effectively promote the development of the number and length of main cracks. Under four repetitive loading modes with the same total discharge energy (1.36 × 15 kJ), the greatest fracture density can be obtained by using repetitive loading mode with a gradually decreasing mode of discharge energy (first level: 2 times (1.36 × 5 kJ); second level: 5 times (1.36 × 1 kJ)).
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