A continuing challenge in hydraulic fracturing of tight gas formations is associated with remediation of formation damage caused by fluid invasion into the porous media. Numerous studies documenting the use of complex nanofluids and surfactants to remediate formation damage have been reported. Recent publications have demonstrated that complex nanofluid additives resulted in lower pressures to displace injected frac fluids over conventional surfactants, and led to greater enhancement of gas and water production. These findings were also confirmed by several recent statistical analyses that took into consideration differences in the properties of treated wells. Many field case studies and supplementary laboratory data have illustrated benefits of complex nanofluid treatment over conventional surfactants. While these publications describe the successes of complex nanofluid treatment, the influence that the formulation composition has on its performance has not been fully investigated. In the present study, we prepared complex nanofluids with different chemical compositions and examined their performance in fluid recovery tests using columns packed with sand, ceramic proppant, and shale, as well as their ability to enhance permeability of sandstone cores to gas. We have established that performance of complex nanofluids in these applications was dependent on the amount of microemulsifed solvent in the original formulations and that optimal performance across all applications was achieved with a complex nanofluid formulation with a near-balanced composition.