Fluid cost saving is critical for fracturing operations in low permeability reservoirs where the production revenues are low but the job size is relatively large and, the fluid cost is high. Cross-linked fluids (CLF) are usually the first option. However, they may cause significant damage to both propped fractures and formations, and are not the cheapest option. Polymer-free fluids, on the other hand, cause much less damage but they are expensive and fluid costs may impair the economic results of fracturing. Waterfrac would be a compromise solution for low permeability reservoirs since its fluids are cheap and fluid damage is low. The success of waterfrac with low slurry concentrations is, however, difficult to predict. This paper presents a new fluid system that was formulated to maximize the economic return of fracturing wells in low permeability shallow oil reservoirs. It is a solid-free, linear, synthetic polymer-based system with a very low formation damage characteristic. The new fluid system can meet a variety of fracturing requirements, including slurry concentrations of conventional field levels. Moreover, it is much cheaper than cross-linked guar gel (CLGG). The method for designing fluid components and the procedure for preparing the fluid, to achieve minimum formation damage and minimize the cost are described. A comparison of the production, performances from the same well or adjacent reference,wells fractured with the new fluids and CLGG is made. The reservoir geology, fluid type, and operation data of fracturing, and well performances from more than 300 successful wells in three different Impermeability shallow oil reservoirs (800 similar to 1,500 m depth) are also presented in detail.