Numerical analysis of a shear layer between a cool liquid n-decane hydrocarbon and a hot oxygen gas at supercritical pressures shows that a well-defined phase equilibrium can be established. Variable properties are considered with the product of density and viscosity in the gas phase showing a nearly constant result within the laminar flow region with no instabilities. Sufficiently thick diffusion layers form around the liquid-gas interface to support the case of continuum theory and phase equilibrium. While molecules are exchanged for both species at all pressures, net mass flux across the interface shifts as pressure is increased. Net vaporization occurs for low pressures while net condensation occurs at higher pressures. For a mixture of n-decane and oxygen, the transition occurs around 50 bar. The equilibrium values at the interface quickly reach their downstream asymptotes. For all cases, profiles of diffusing-advecting quantities collapse to a similar solution (i.e., function of one independent variable). Validity of the boundary layer approximation and similarity are shown in both phases for Reynolds numbers greater than 239 at 150 bar. Results for other pressures are also taken at high Reynolds numbers. Thereby, the validity of the boundary layer approximation and similarity are expected. However, at very high pressures, the similar one-dimensional profiles vary for different problem constraints.