Chelating agents were introduced because of the several issues associated with inorganic acids during oilfield stimulation. Carbonate and sandstone rocks have been stimulated using different kinds of acid systems and there is an engaging debate on chelating agents as an effective acid system. Several shortcomings of inorganic acid systems need to be addressed by chelating agents in order to be its constructive replacement. The complex nature of these chelating agents led to accelerated research and developmental efforts in understanding its applicability at different environmental conditions.