Since SQL Developer 3, it's pretty straightforward (they could've made it easier).
- Go to «View → Data Modeler → Browser». The browser will show up as one of the tabs along the left-hand side.
- Click on the «Browser» tab, expand the design (probably called
Untitled_1
), right-click «Relational Models» and select «New Relational Model».
- Right click on the newly created relational model (probably
Relational_1
) and select «Show».
- Then just drag the tables you want (from e.g. the «Connections» tab) onto the model. Note when you click on the first table in the Connections tab, SQLDeveloper opens that table in the right: select all the tables from the left, then ensure the
Relational_1
tab (or whatever name) is the active one in the rhs before you drag them over, because it has probably switched to one of the tables you clicked in the lhs.