The invention discloses ultralow temperature ash-free antiwear incombustible ester type hydraulic oil, a production technology and application thereof. The ultralow temperature ash-free antiwear incombustible ester type hydraulic oil is prepared from a viscosity index improver, a pour point reducer, an emulsion breaker, a defoaming agent, an antiwear reagent at extreme pressure, an ash-free detergent dispersant, an antirust agent, an antioxidant, a fire retardant and base oil. The ultralow temperature ash-free antiwear incombustible ester type hydraulic oil has the advantages that firstly, theoil has the extremely stable molecular structure, and the good oxidation stability; secondly, the oil has the extremely good lubricating performance and antiwear performance, and can effectively prolong the life of an engine; thirdly, the oil has the low temperature fluidity so that the engine can be easily started; fourthly, the oil has the good high temperature high shearing performance, the volatile loss at a high temperature is less, and the oil film tenacity and strength of an oil product at the high temperature are ensured; fifthly, the viscocity and the lubrication of the oil can be maintained after a ultralong driving process; sixthly, the oil has the good detergent dispersing performance, and the dust deposition amount is less after the oil is used for a long time; seventhly, theoil has the good biodegradability; and eighthly, the oil has low condensation point and can be widely applied to bad working environments such as low temperature and cold.