A mixed-film model with two adsorbed oil layers on the solid surfaces and an emulsion layer between them is proposed. Effects of oil phase concentration, base oil viscosity, emulsifier concentration and pH value on the of the adsorbed oil layer thickness are investigated. Compared with the existing experimental measurements, a simplified formula is proposed to estimate the adsorbed oil layer thickness. Results show that the adsorbed layer thickness increases with increasing oil concentration and viscosity of the base oil, but decreases with increasing pH value and emulsifier concentration because the low pH value and the low emulsifier concentration emulsions make the emulsion unstable, so that it is easy to form the adsorbed oil layer on the solid surfaces. However, effects of oil phase concentration, base oil viscosity, emulsifier concentration and pH value on the adsorbed layer thickness become smaller at higher speed. The base oil type significantly affects the adsorbed layer thickness, and the wetting ability of the synthetic oil of SHF41 is the worst.