With the development of 300m super-high dams are built in the southwest of China, reservoir water gravity will make the settlement of the reservoir basin, which will make dam tilt upstream. In the paper, reservoir settlement will be studied in-depth on the basis of monitoring data analysis and numerical simulation comprehensively. First, reservoir basin will be sinking with the rising of the upstream water gradually according to level monitoring data. Second, those affect factors of FEM calculation have been explored comparatively, such as displacement modes, element geometry and boundary conditions. Third, reservoir, dam and foundation are integrated into a whole to establish a wide spread finite element model. At last, reservoir deformation and its influence factors are determined through the simulation of the bedrock depth, the extending length of the upstream and downstream and different water levels. Those methods have been applied into an engineering project and analysis results show that the settlement of the reservoir will make high arch dam tilt upstream, the higher of the water level, the larger of the horizontal displacement. Accordingly, reservoir deformation should be considered deeply on the appraisement of super-high arch dam operating status in future.