The article is devoted to the topical problem of estimating water content in water-oil mixtures and porous media they saturate, according to low-field NMR relaxometry and dielectric spectroscopy. The aim of the research is to theoretically substantiate and experimentally validate the capability of joint interpretation of data from these methods to acquire information on the filtration-volumetric properties of drill cuttings, relaxation characteristics of oil-containing fluids, water/oil ratio in water-oil mixtures and saturated with them drill cuttings in order to control the composition of liquids produced from boreholes. The studies were carried out on samples of cuttings and oils taken from fields in the northern and Arctic regions of the West Siberian oil-and-gas province. Based on the experimental data obtained, we evaluated the water content in the water-oil mixtures, determined the main NMR parameters of the mixtures in terms of properties of the constituent oils, and specified the parameters and shapes of NMR and complex dielectric permittivity spectra. The NMR method was found to be effective in examining high-viscosity and medium-viscosity oils, while the dielectric spectroscopy method – in the study of light oils; their integration allows obtaining reliable data for all the samples under study. We also showed how the shapes of NMR and complex dielectric permittivity spectra depend on the rheological properties of oil belonging to the mixture.