It is shown that the phase distribution of methanol and water between a hydrocarbon gas phase, a hydrocarbon liquid phase and an aqueous phase can be represented using the Soave-Redlich-Kwong equation with a non-conventional mixing rule for the a-parameter suggested by Huron and Vidal. Model parameters are estimated from data for binaries of the type methanol-hydrocarbon and water-hydrocarbon. New experimental data are presented for two reservoir fluids and for one model system. The paper further presents a phase equilibrium algorithm for calculating the phase boundaries and the equilibrium compositions at the phase boundary for a system consisting of a gas, a liquid and a mixed aqueous phase.