A new apparatus for measuring the thermal conductivity of fluids is described. This is an absolute method utilizing a transient hot wire. Measurements are made with a 12.7 p,m diameter platinum wire at real times of up to 1 second. The data acquisition system includes a minicomputer and a digital voltmeter. The experimental core of the system incorporates a compensating hot wire in a Wheatstone bridge circuit. The cell containing the core of the apparatus is designed to accommodate pressures from 0 to 70 MPa and temperatures from 70 to 320 K. Oxygel1 was measured over a wide range of physical states including the dilute gas, the moderately dense gas, the near critical region, the compressed liquid states, and the vapor ai temperatures below the critical temper· ature. Performance checks of the apparatus were conducted with nitrogen, helium and argon. Measurement of rare gases allows a direct comparison to the kinetic theory of gases through the viscosity. A second check looks at the variation of the measured thermal conductivity as a function of the applied power. The precision (2 a) of the new system is between 0.5 and 0.8 percent for wire temperature transients of 4 to 5 K, while the accuracy is estitnated at around 1.5 percent.