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A tuned equation of state (EOS) is used in reservoir engineering for the evaluation of gas and condensate reserves, desired production methods, and facilities for field development. Publications show that the two most widely used sets of parameters from the EOS that are tuned are the binary interaction coefficient (BIC) with the critical properties and acentric factor or BIC and the constants called the omegas (Ωs). A volume shift parameter (VSP) can also be used in cubic EOS as a tuning parameter to correct for the prediction of liquid density. However, the open literature does not demonstrate if the VSP could be used with one or both parameter sets. In this study, the Peng-Robinson EOS was tuned and tested to predict constant volume depletion (CVD) data for six gas condensate samples. The two sets of tuning parameters were used with and without the VSP. Our parametric study demonstrated that the VSP should not be applied with the Ωs when tuning the Peng-Robinson EOS. With weight factors of 1 for liquid volume and 10 for gas compressibility, without the VSP, the Ωs give better prediction of CVD data than the critical properties and acentric factor even with the VSP included. This tuning technique with one regression step showed consistency in tuning the Peng-Robinson EOS with the Ωs and could be used for simulation studies of gas condensate systems. [ABSTRACT FROM PUBLISHER]