In this study, experiments on the flow boiling of nearly pure CO
2 and CO
2-PAG oil mixture are carried out using a 2.064 m long double-pipe counter-flow heat exchanger, in which the refrigerant flows inside the inner tube and the heat source water flows counter-currently in the outer annulus. A smooth copper tube and a micro-fin copper tube are used as the inner tube. In case of nearly pure CO
2, the present experimental results of heat transfer coefficient in smooth tube with rough surface agree well with the predicted results using Yu et al. correlation [5], in which the surface roughness effect is taken into account. It is also confirmed that the values of heat transfer coefficient for both smooth and micro-fin tubes are almost analogous, while the values of pressure drop for micro-fin tube are slightly higher than those of smooth tube. By comparing the experimental results between nearly pure CO
2 and CO
2-oil mixture, it is confirmed that the oil concentration effects on heat transfer coefficient and pressure drop in micro-fin tube have different characteristics from those of smooth tube.
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