In this paper, a novel kind of pH-sensitive nanoparticles (NPs) was synthesized for pressure reduction and augmented injection in the exploitation of the tight oil reservoir. The physical properties of the pH-sensitive NPs, including dispersibility, hydrodynamic diameter of the NPs, zeta potential, anti-swelling ability, interfacial tension, wettability, and pressure-decreasing capacity, were investigated as functions of the pH value of the water solution. The results indicate that with the increase of the pH value of pure water, the hydrodynamic diameter of the NPs decreased from hundreds to tens of nanometers, and the absolute value of the zeta potential increased from 3 mV (pH = 7) to about 56 mV (pH = 12). When the pH value changed from weakly alkaline to neutral, the anti-swelling rate increased. When the pH value increased to around 12, the anti-swelling rate reached 42%, and the interfacial tension decreased from 9.5 mN/m to around 4.0 mN/m. The wettability of the NPs was also influenced by the pH value; as the pH value increased, the wettability changed from hydrophobic to hydrophilic. Additionally, core-flooding experiment showed that the wettability of the NPs was altered from hydrophilicity to super hydrophobicity when the pH gradually decreased from 10 to 7, and the injection pressure in the tight sandstone outcrop core was reduced by 22.77%. This study is expected to inspire new strategies for the synthesis of nano-SiO2 materials, which are particularly used for depression and augmented injection in unconventional oil exploitation.