A composition, which composition comprises: 1) a C 1 -C 22 carboxylic acid; 2) a C 1 -C 22 percarboxylic acid; 3) hydrogen peroxide; 4) a first stabilizing agent, which is picolinic acid or a compound having the following Formula: wherein R 1 is OH or -NR 1a R 1b, wherein R 1a and R 1b are independently hydrogen or (C 1 -C 6)alkyl; R 2 is OH or -NR 2a R 2b, wherein R 2a and R 2b are independently hydrogen or (C 1 -C 6)alkyl; each R 3 is independently (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and n is a number from zero to 3; or a salt thereof; or a compound having the following Formula: wherein R 1 is OH or -NR 1a R 1b, wherein R 1a and R 1b are independently hydrogen or (C 1 -C 6)alkyl; R 2 is OH or-NR 2a R 2b, wherein R 2a and R 2b are independently hydrogen or (C 1 -C 6)alkyl; each R 3 is independently (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and n is a number from zero to 3; or a salt thereof; 5) a second stabilizing agent, which is a compound having the following Formula: wherein R 1 R 2, R 3, and R 4 are independently hydrogen, (C 1 -C 6)alkyl, (C 2 -C6)alkenyl or (C 2 -C 6)alkynyl, or C 6 - 20 aryl; R 5 is (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and R 6 is hydrogen, (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; or a salt thereof; or a compound having the following Formula: wherein R 1, R 2, and R 3 are independently hydrogen, (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl, or C 6 - 20 aryl; or a salt thereof; 6) a friction reducer; and wherein said hydrogen peroxide has a concentration of 1 ppm to 20 ppm, and the C 1 -C 22 percarboxylic acid has a concentration of at least 2 times of the concentration of said hydrogen peroxide. 1) a C 1 -C 22 carboxylic acid; 2) a C 1 -C 22 percarboxylic acid; 3) hydrogen peroxide; 4) a first stabilizing agent, which is picolinic acid or a compound having the following Formula: wherein R 1 is OH or -NR 1a R 1b, wherein R 1a and R 1b are independently hydrogen or (C 1 -C 6)alkyl; R 2 is OH or -NR 2a R 2b, wherein R 2a and R 2b are independently hydrogen or (C 1 -C 6)alkyl; each R 3 is independently (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and n is a number from zero to 3; or a salt thereof; or a compound having the following Formula: wherein R 1 is OH or -NR 1a R 1b, wherein R 1a and R 1b are independently hydrogen or (C 1 -C 6)alkyl; R 2 is OH or-NR 2a R 2b, wherein R 2a and R 2b are independently hydrogen or (C 1 -C 6)alkyl; each R 3 is independently (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and n is a number from zero to 3; or a salt thereof; R 1 is OH or -NR 1a R 1b, wherein R 1a and R 1b are independently hydrogen or (C 1 -C 6)alkyl; R 2 is OH or -NR 2a R 2b, wherein R 2a and R 2b are independently hydrogen or (C 1 -C 6)alkyl; each R 3 is independently (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and n is a number from zero to 3; R 1 is OH or -NR 1a R 1b, wherein R 1a and R 1b are independently hydrogen or (C 1 -C 6)alkyl; R 2 is OH or-NR 2a R 2b, wherein R 2a and R 2b are independently hydrogen or (C 1 -C 6)alkyl; each R 3 is independently (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and n is a number from zero to 3; 5) a second stabilizing agent, which is a compound having the following Formula: wherein R 1 R 2, R 3, and R 4 are independently hydrogen, (C 1 -C 6)alkyl, (C 2 -C6)alkenyl or (C 2 -C 6)alkynyl, or C 6 - 20 aryl; R 5 is (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and R 6 is hydrogen, (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; or a salt thereof; or a compound having the following Formula: wherein R 1, R 2, and R 3 are independently hydrogen, (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl, or C 6 - 20 aryl; or a salt thereof; R 1 R 2, R 3, and R 4 are independently hydrogen, (C 1 -C 6)alkyl, (C 2 -C6)alkenyl or (C 2 -C 6)alkynyl, or C 6 - 20 aryl; R 5 is (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; and R 6 is hydrogen, (C 1 -C 6)alkyl, (C 2 -C 6)alkenyl or (C 2 -C 6)alkynyl; 6) a friction reducer; and wherein said hydrogen peroxide has a concentration of 1 ppm to 20 ppm, and the C 1 -C 22 percarboxylic acid has a concentration of at least 2 times of the concentration of said hydrogen peroxide.