Precise PVT studies and behavior of phase-equilibrium of petroleum reservoir fluids are essential for describing these fluids and appraising their volumetric behavior at several pressure stages. There are numerous laboratory studies that can be performed on a reservoir sample. The amount of data desired determines the number of tests to be performed in the laboratory. Generally, there are three laboratory tests which characterize hydrocarbon fluids, namely primary study, constant mass depletion, and differential vaporization test. Generally, PVT properties are determined either experimentally or calculated theoretically through published correlations. This chapter presents different PVT laboratory tests that are required to understand the phase behavior of black oils.