The invention relates to a calculating method for SAGD (Steam-Assisted Gravity Drainage) double-horizontal well drilling electromagnetic distance measurement guide, which mainly comprises the steps of acquired data processing, calculation of rotating magnetic short section far-field magnetic induction intensity, inclination measurement and calculation of well hole track, neighboring well paralleldistance calculation, and the like. In the extracting process of unconventional oil and gas resources, such as thickened oil, natural gas hydrate, and the like, the precise control on the SAGD double-horizontal well horizontal section distance is one of the key technical links. In the invention, as for the application background, an approach for combining an inclination measurement and calculation method of the well hole track and drilling electromagnetic detection is adopted for monitoring a space relative position relationship of the double-horizontal well horizontal section in real time. Firstly, the distance of the double-horizontal well horizontal sections is obtained by utilizing a magnetic signal generated by a rotating magnetic short section received by a probe; and then, the calculating method which can confirm the relative orientation of the double-horizontal well horizontal section is invented by utilizing the inclination measurement and calculation of the well hole track and the drilling electromagnetic detection signal. The invention not only can be applied to the SAGD double-horizontal well guide drilling well detection but also can be applied to multiwell collision preventing and three-dimensional hinder-crossing monitoring calculation.