The relevance of this study is determined by the need for new technological solutions to enhance the productivity of wells producing heavy and highly viscous crude oil. The work investigates multicomponent Al–Ga–In–Sn alloys as reactive systems capable of generating heat and hydrogen upon contact with water. The focus is placed on optimizing melting parameters and assessing how alloy composition and structural features affect reactivity. Phase composition was analyzed by X-ray diffraction, microstructure by SEM-EDX, and elemental composition by XRF. The results show that the hydrogen generation rate and heat release depend on melting temperature, holding time, and ratios of activating metals, as well as the physicochemical properties of the formation water, particularly salinity and pH. Reaction enthalpy and conversion efficiency were quantified. The highest hydrogen output and thermal effect were observed for the following compositions—90 wt.% Al, 5 wt.% Ga, 2.5 wt.% In, 2.5 wt.% Sn; and 85 wt.% Al, 5 wt.% Ga, 5 wt.% In, 5 wt.% Sn (825 °C, 30 min). Rapid heat and gas release is attributed to the eutectic structure and micro-galvanic interaction, which eliminate the induction period. These findings demonstrate the potential of such alloys for in situ heating, enhanced oil recovery, and autonomous hydrogen-energy applications.