Gibbs Ensemble Monte Carlo (GEMC) is a molecular simulation method to predict phase behavior of fluids, such as crude oil and natural gas. It enables us to visualize microscopic structures of fluid phases. In this study, we apply GEMC to phase behavior of CO 2 /oil systems, where the CO 2 -rich liquid (L2) phase can coexist with the oil-rich liquid (L1) phase and vapor (V) phase.The L2 phase can have comparable density as the L1 phase. When the L2 phase is dense enough to extract light and intermediate hydrocarbons, CO 2 flooding can achieve high displacement efficiency of more than 90%. A clear understanding of the L2 phase will help us design CO 2 -solvent injection processes. However, little is known about its microscopic structures and corresponding dynamic properties (i.e., viscosities and diffusion coefficients), apart from densities and phase compositions.The GEMC method is used to calculate phase equilibria of CO 2 /C 16 H 34 mixtures at different pressures at 305 K, which are close to the critical point of CO 2 . Vapor-liquid phase equilibrium is predicted at pressures lower than 75 bar and liquid-liquid phase equilibrium at higher pressures up to 170 bar, where the density of the L2 phase is around 0.868 g/cm 3 and that of L1 phase around 0.871 g/cm 3 . These results are in good agreement with the previous experimental data. By further adding CH 4 and C 2 H 6 into the mixture, liquid/liquid/vapor equilibrium was observed. The mole fraction, density and structural properties such as pair distribution function (which is directly related to the X-Ray diffraction), molecular clustering, and aggregation status of the three different phases are presented. Currently, we are extending our calculations to other CO 2 /hydrocarbon systems and calculating viscosities of two different liquid phases using Molecular Dynamics simulations with the atomic model used for GEMC. TX 75083-3836, U.S.A., fax +1-972-952-9435