Deep tight sandstone reservoirs are characterized by low porosity and permeability, complex pore structure, and strong heterogeneity. Conducting research on the heterogeneity characteristics of reservoirs could lay a foundation for evaluating their effectiveness and accurately identifying advantageous reservoirs, which is of great significance for searching for “sweet spot” oil and gas reservoirs in tight reservoirs. In this study, the deep tight sandstone reservoir in the Dibei area, northern Kuqa depression, Tarim Basin, China, is taken as the research object. Firstly, statistical methods are used to calculate the coefficient of variation (CV) and coefficient of heterogeneity (TK) of core permeability, and the heterogeneity within the reservoir is evaluated by analyzing the variations in the reservoir permeability. Then, based on fractal theory, the fractal and multifractal parameters of the GR and acoustic logs are calculated using the box dimension, correlation dimension, and the wavelet leader methods. The results show that the heterogeneity revealed by the box dimension, correlation dimension, and multifractal singular spectrum calculated based on well logs is consistent and in good agreement with the parameters calculated based on core permeability. The heterogeneity of gas layers is comparatively weaker, while that of dry layers is stronger. In addition, the fractal parameters of GR and the acoustic logs of three wells with the oil test in the study area were analyzed, and the relationship between reservoir heterogeneity and production was determined: As reservoir heterogeneity decreases, production increases. Therefore, reservoir heterogeneity can be used as an indicator of production; specifically, reservoirs with weak heterogeneity have high production.