T oilfield is the fractured-vuggy carbonate reservoir at a temperature of around 130 °C, with salinity of up to 22 × 104 mg/L. In order to solve the problem of the high water cut in the late development stage of T oilfield, we selected XN-T from 27 kinds of swelling retarding particles by testing their swelling capacity, and coated a thin film to improve its retarding swelling capacity. The mechanisms of strong water absorption and water-holding abilities of particles were analyzed by infrared spectrometry and SEM. In the core flow experiment, the plugging rate was found to be 98.42%. Finally, the injection parameters of the coated particles were optimized to maximize the water plugging and profile control ability, resulting in an optimal particle size of 0.4–0.6 mm and a mass fraction of 10%.