Improper models of phase behavior are a major cause of many production problems faced by shale gas reservoirs. The phase behavior of oil?gas in micro?nano pores is crucial for shale oil and gas development. Considering the effects of capillary pressure and critical point shift on the thermodynamic phase equilibrium in micro?nano pores, a vapor?liquid equilibrium (VLE) model in the confined micro?nano pores was developed by using a volume?translated Peng?Robinson Equation of State(PR?EOS), and the relative error of prediction was less than 1.53%. Based on the improved VLE model, the phase behavior of hydrocarbon mixtures such as Bakken shale oil in the confined space was investigated. Results indicate that the nanopore confinement decreases the vapor?liquid density difference and equilibrium coefficient(K) of the light components and shrinks the phase envelope. As the pore size decreases, the interfacial tension (IFT) first decreases slowly and then drops sharply, particularly when the pore radius is less than 20 nm.This study can provide an important theoretical foundation to support the development of unconventional oil?gas resources.