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The Z-factor value is trending towards 

LaTeX Math Inline
bodyZ \rightarrow 1
 for incompressible fluids and 
LaTeX Math Inline
bodyZ \rightarrow a \cdot p
 for strongly compressible Fluids.

Modelling Z-factor 

LaTeX Math Inline
bodyZ(T,p)
as a function of fluidpressure 
LaTeX Math Inline
bodyp
 and temperature 
LaTeX Math Inline
bodyT
 is based on Equation of State.


There is also a good number of explicit Z-factor Correlations @models.


See also

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Natural Science / Physics / Thermodynamics / Equation of State

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