Fiber is highly escapable in conventional slickwater, making it difficult to form fiber-proppant agglomerate with proppant and exhibit limited effectiveness. To solve these problems, a novel structure stabilizer (SS) is developed. Through microscopic structural observations and performance evaluations in indoor experiments, the mechanism of proppant placement under the action of the SS and the effects of the SS on proppant placement dimensions and fracture conductivity were elucidated. The SS facilitates the formation of robust fiber-proppant agglomerates by polymer, fiber, and quartz sand. Compared to bare proppants, these agglomerates exhibit reduced density, increased volume, and enlarged contact area with the fluid during settlement, leading to heightened buoyancy and drag forces, ultimately resulting in slower settling velocities and enhanced transportability into deeper regions of the fracture. Co-injecting the fiber and the SS alongside the proppant into the reservoir effectively reduces the fiber escape rate, increases the proppant volume in the slickwater, and boosts the proppant placement height, conveyance distance and fracture conductivity, while also decreasing the proppant backflow. Experimental results indicate an optimal SS mass fraction of 0.3%. The application of this SS in over 80 wells targeting tight gas, shale oil, and shale gas reservoirs has substantiated its strong adaptability and general suitability for meeting the production enhancement, cost reduction, and sand control requirements of such wells.