The study focuses on the rheological behavior of a fluid based on a viscoelastic surfactant (Surfogel grade D, type 70-100, produced by JSC “Polyex”) in wide range of strain rates. This fluid is used for hydraulic fracturing technology as a proppant-carrying and proppant-retaining fluid in order to enhance oil recovery, including those with hard-to-recover oil and gas reserves. Quasi-static experiments to determine the values of the dynamic viscosity of the fluids under study were carried out using a falling ball viscometer (according to the Stokes method). The viscoelastic properties of fluids were studied using a Physica MCR501 rheometer with a cone-plane measuring system and an original rheometer with coaxial cylinders measuring system. The rheological properties of the fluid with the addition of proppant were studied using a Rheolab QS rheometer with a measuring system of the type of coaxial cylinders. The analysis of the rheological properties of fluids based on a viscoelastic surfactant has been carried out, and it has been established that fluids based on a viscoelastic surfactant has stable rheological properties over the entire range of strain rates, including fluid with proppant concentration up to 20%.