As a surfactant solution system, microemulsion has attracted much attention due to its ultra-low interfacial tension, high solubilization and thermodynamic stability in the process of enhanced oil recovery. Different from water phase system of polymer flooding and ASP flooding, the microemulsion system shows a special phase state, and its existence system may be water phase, oil phase or microemulsion phase. The microemulsion phase can be divided into upper phase, middle phase and lower phase microemulsion according to the composition of the system. Different phase microemulsions have different oil displacement efficiency, and the middle phase microemulsion reaches ultra-low interfacial tension with oil/water, and the oil displacement efficiency is the highest. In order to ensure the middle-phase microemulsion flooding as far as possible during the oil displacement process, it is necessary to study the phase change process of microemulsion and the formation conditions of microemulsion in detail, and clarify the influence of surfactant concentration, additive concentration, salt content, water–oil ratio and temperature on the microemulsion phase transformation and the formation mechanism of microemulsion. The research results have some guiding significance for the formulation selection and slug design of microemulsion flooding system.