In the present study, some measurements have been conducted on a dedicated test rig to investigate rolling element bearing thermal behaviour. This test rig makes possible the determination of the tested rolling element bearing power losses through the resistive torque measurement. Some thermocouples are located on fixed parts of the system (housing, rolling element bearing outer ring) and others on rotating parts (rolling element bearing inner ring and shaft) via a telemetry system. A deep groove ball bearing, whose pitch diameter is equal to 85 mm, has been tested under oil jet lubrication for different operating conditions. Measurements of the penetration ratio, defined as the proportion of oil actually entering the rolling element bearing versus the oil injected, have also been conducted. An extended thermal network of the test rig has been established to enable a closer understanding of the rolling element bearing inner thermal behaviour. Based upon the first principle of thermodynamics for transient conditions, the studied system is divided into lumped elements at uniform temperature connected by thermal resistances which account for conduction, radiation and convection. Convection within the rolling element bearing depends on the amount of oil in the oil–air mixture known as the volume fraction. At specific test conditions, the developed model found good agreements with experiences for a given oil volume fraction of 15%. This value of volume fraction leads to an adapted formula for volume fraction in the case of jet lubrication which includes the measured penetration ratio.