Calcium-nitrate-based transparent completion fluids are widely used in the oil and gas industry for well completion and stimulation operations in carbonate reservoirs. These fluids have many advantages, such as medium density, low corrosion, good temperature stability, low clay swelling, and high wettability. However, the density of calcium nitrate brine is limited by its solubility, which can be increased by the addition of alcohols. This study investigated the effects of adding different types of alcohols (G1, G2, and G3) to calcium nitrate brine on the properties and performance of the completion fluid for carbonate reservoirs. The fluid properties and performance were evaluated through a series of laboratory tests, including density measurement, corrosion test, viscosity measurement, rheology test, temperature stability test, clay swelling test, wettability test, and compatibility test. The results showed that the addition of alcohols to brine can improve or reduce the fluid density, viscosity, corrosion, temperature stability, clay swelling, wettability, and compatibility, depending on the type and amount of alcohols. The optimum fluids have been selected based on their highest density, lowest viscosity, lowest corrosion, highest temperature stability, lowest clay swelling, highest wettability change, and highest compatibility with formation fluids. The densities of the fluids CN4, CNG14, CNG24, and CNG34 were respectively 96, 101, 101.5, and 100 pounds per cubic foot (pcf). Their rates of corrosion on L80 steel were respectively 0.829, 0.589, 0.720, and 0.599 mils per year (mpy). Their apparent viscosities at 62.4 °F were respectively around 15, 120, 100, and 60 centipoise (cp). Their apparent viscosities at 176 °F were all around 10 to 25 mpy. The fluids remained clear with no evidence of suspended solid particles at 20 °F, indicating their resilience to low-temperature conditions and suitability for use in cold weather operations. The fluid CNG24 becomes cloudy at 285 °F, and the fluid CNG34 becomes cloudy from 212 °F onward, but the CN4 fluid remains clear and transparent at all temperatures. In the tested high temperatures, the effect on their pH was around the same. The fluids CN4, CNG24, and CNG34 had a lower swelling index than 5 ml per 2 g of bentonite clay. The contact angles of oil and carbonate-type thin sections after their wettabilities were affected by the fluids were also 99.5, 36.54, and 46.03°, respectively. Finally, they’re all relatively compatible with formation fluids. The best completion fluid for carbonate reservoirs was CNG24, which contained calcium nitrate and G2 alcohol. This fluid had the best overall performance and safety of the fluids tested.