With the continuous depletion of conventional oil and gas reservoir resources, the beginning of exploration and development of unconventional oil and gas reservoir resources has led to the rapid development of microseismic monitoring technology. Addressing the challenges of low signal-to-noise ratio and inaccurate localization in microseismic data, we propose a new neural network MA_W-Net based on the U-Net network with the following improvements: (1) The foundational U-Net model was refined by evolving the single-channel decoder into a two-channel decoder, aimed at enhancing microseismic event localization and noise suppression capabilities. (2) The integration of attention mechanisms such as the convolutional block attention module (CBAM), coordinate attention (CA), and squeeze-and-excitation (SE) into the encoder to bolster feature extraction. We use synthetic data for evaluating the proposed method. Comparing with the normal U-net network, our accuracy in seismic recordings with a signal-to-noise ratio of −15 is improved from 78 percent to 93.5 percent, and the average error is improved from 2.60 m to 0.76 m. The results show that our method can accurately localize microseismic events and denoising processes from microseismic records with a low signal-to-noise ratio.