M reservoir is a low peremeability reservoir located in northwest China. Currently, it faces the problem of difficult water injection, low single well production, and rapid production decline. CO2 flooding technology is considered to be implemented to solve these problems by effectively supplementing formation energy. Considering that the phase behavior of reservoir fluid during CO2 injection and its influence on the development effect are complex, the PVT test experiment of reservoir fluid is carried out to analyze the variation of reservoir fluid properties under different CO2 injection volumes. The experimental results show that the saturation pressure, solution gas-oil ratio, volume coefficient and expansion coefficient of crude oil increase with the increase of CO2 injection, while the viscosity and density of oil continue to decrease. When the CO2 injection amount reaches 32 %, the dissolved gas-oil ratio increases from the original 36.2 m³/m³to 150.2 m³/m³, the viscosity of the formation oil is reduced by about 76 % than before CO2 injection; and the volume of crude oil has expanded to 1.28 times of that without CO2 injection. Moreover, the P-T phase diagram is drawn and the influence of CO2 injection on the distribution of phase regions in the phase diagram and the critical parameters of oil is analyzed. The high pressure physical properties of reservoir fluids at different CO2 injection volumes are obtained, which can provide a good foundation for the study of enhancing oil recovery by CO2 injection in M reservoir.
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