An object is to provide a dispersion of ultrafine cellulose fibers having a high thickening effect and a gelling function. There is provided a subterranean formation processing composition comprising ultrafine cellulose fibers, which has a haze value of 1.0% to 50%, when the composition is suspended in water such that the solid concentration of cellulose fibers is 0.2% by mass. The composition of the present invention can be used as an additive to the fluid at the time of the processing of subterranean formation, especially the processing of the well. The present invention provides also various fluids which are used in well processing. The present invention provides a method for processing a subterranean formation, for example, drilling of an exploratory well or a wildcat, an appraisal well, an exploratory well or an exploration well, a delineation well, a development well, a production well, an injection well, an observation well, and a service well; cementing; fracturing; and a method for producing petroleum resources.