Herein, a novel ultra-high salt hydrophobic association polymer UUCPAM was produced using acrylamide, acrylic acid, 2-acrylamide-2-methyl propane sulfonic acid, and hydrophobic monomer UUC. The scanning electron microscopy and transmission electron microscopy studies showed that the polymer had complex network structures and this phenomenon was considerably noticeable in NaCl solution. Rheology studies indicated that the polymer had good temperature and shear resistance in NaCl solution. Moreover, the apparent viscosity of the polymer solution remained greater than 80 mPa?s when 0.3 wt% UUCPAM was added at 90?C, shear rate of 170 s?1, and 20000 mg/L NaCl solution. The storage modulus increased with an increase in the polymer concentration, indicating super elasticity. Meanwhile, the number of hydrophobic micro-zones increased, forming dense spatial network structures. Drag reduction performance test showed that when UUCPAM was remained in low concentration, its drug reduction effect was better than that of PAM which demonstrated its good property as fracturing fluid.