The invention relates to the technical field of oil field monitoring, in particular to an oil well failure intelligent analysis and decision system and method. The oil well failure intelligent analysis and decision system comprises a data collecting module, a remote measuring and controlling module, a server, a database connecting module and a function module. The data collecting module comprises an electrical parameter collecting module, a temperature sensor, a pressure sensor, a dynamic liquid level measuring instrument, an integrated dynamometer, a flow sensor and a combustible gas detector. The electrical parameter collecting module, the temperature sensor, the pressure sensor, the dynamic liquid level measuring instrument, the integrated dynamometer and the flow sensor are all in communication connection with the remote measuring and controlling module. A production database and an expert database are arranged in the server. The production database is in one-way communication connection with the data collecting module. The expert database is in two-way communication connection with the database connecting module. By building the oil field intelligent analysis and decision expert system, real-time monitoring, analyzing, fault diagnosing and predicting are conducted on the production parameters of an oil well, the cost of the oil field is saved, and manpower and material resources are saved.