The Surakhany field is located 16 km NE of Baku 70-75 m above sea level.
The Agreement on the Rehabilitation, Development, and Production Sharing for the Block Including the Surakhany Field in the Azerbaijan Republic went into effect August 16, 2005. The Agreement covers an area of 13 km2.
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Development of the field began August 24, 1904 with Well 73204 with a depth of 211 m from the Aghdjagil formation. Daily production amounted to 35 tons of oil.
Cumulative oil production in the Surakhany Field as of January 1, 2011 was 115,5 million tons.