Hi,
Based on his swelling and treatment with 
Lasix, it sounds like he also has congestive 
heart failure, in addition to COPD and 
pneumonia. The surgery sounds like it would have been a thoracentesis to remove some of the fluid from around his lung. If he is now needing 9 liters of 
oxygen, I would consider this patient to be in serious condition, and possibly needing 
intubation soon, meaning they may need to put a tube down his windpipe and let a machine help him to breath. However, with his multiple medical problems, if intubated it is hard to know if he would recover.
I'm sorry to have to tell you all this, but this is my honest opinion. I would ask his doctors what their honest evaluation is, and especially to discuss whether he wants to be intubated or not if the need should arise. 
Hope I have answered your query. Let me know if I can assist you further.
Regards,
Dr. Aaron Branch, 
General & Family Physician