The coinjection of carbon dioxide (CO2) or light hydrocarbons with steam in the steam-assisted-gravity-drainage (SAGD) process might enhance bitumen mobility and reduce the steam/oil ratio (SOR). Understanding and modeling the phase behavior of solvent/ bitumen systems are essential for the development of in-situ processes for bitumen recovery. In this paper, an experimental and modeling study is undertaken to characterize the phase behavior of bitumen/CO2 and bitumen/C-4 systems. Produced and dewatered oil from the Cenovus Osprey Pilot is used for the experiments. The Osprey Pilot produces oil from the Clearwater Formation. Constantcomposition-expansion (CCE) experiments are conducted for characterizing Clearwater bitumen, CO2/bitumen mixture, and C-4/bitumen mixture. The Peng and Robinson (1978) equation of state (EOS) (PR-EOS) is calibrated using the measured data and is used for pressure/volume/temperature (PVT) modeling. Multiphase equilibrium calculations are performed to predict the solubility of CO2 and C-4 in the temperature range of 393.2 to 453.2 K. The potential of asphaltene precipitation for CO2/bitumen and C-4/bitumen mixtures is also investigated using three screening criteria. According to the CCE tests and multiphase equilibrium calculations, C-4 has much higher solubility in bitumen than does CO2 at operating pressure of 3997.9 kPa and temperature between 393.2 and 453.2 K (393.2 K < T < 453.2 K). During the CCE tests, coexistence of three equilibrium phases is observed for the C-4/bitumen system with high C-4 concentration. The three phases consist of a heavy oleic phase (L-1), gaseous phase (V), and a light (solvent-rich) oleic phase (L-2). Compositional analysis of the samples from L-1 and L-2 phases shows that C-4 can extract light hydrocarbon components from bitumen into the L-2 phase and preserve the heavy components in the L-1 phase. Also, the L-2 phase becomes darker by increasing the pressure, suggesting the extraction of heavier hydrocarbon components at higher pressures. Similar tests on the CO2/bitumen system show only two effective phases over a similar temperature range. The two phases consist of a heavy oleic phase (L-1) and a gaseous phase (V). Phase-equilibrium regions are predicted using the regressed EOS model in the compositional space for the solvent/bitumen system. EOS predictions indicate two types of two-phase regions in the composition space for the C 4 /bitumen system (i.e., L-1/L-2 when 393.2 K < T < 421.2 K and L-1/V when 421.2 K < T < 453.2 K). However, only one type of two-phase region (i.e., L-1/V) exists in a similar temperature range for a CO2/bitumen system. The EOS predictions show that 1.8 wt% CO2 can reduce bitumen viscosity by up to 1.4 times, and 16.3 wt% C-4 can reduce bitumen viscosity by up to 20 times when 393.2 K < T < 453.2 K. Viscosity calculations indicate that oil dilution by CO2 and C-4 dissolution is more effective at lower temperatures, especially for C-4. This shows the potential of injecting hot hydrocarbon solvents for bitumen recovery. The results show that asphaltene might precipitate in a system of C-4/bitumen with high C-4 concentration.