The Balakhani operating company was founded in 2012 and the purpose of its creation was the development of the Balakhani-Sabunchu-Ramana oil and gas field.The Balakhani-Sabunchu-Ramana oil and gas field is the largest and rarest oil field on the Absheron Peninsula. Oil was extracted from 3-5m deep wells dug by hand in ancient times in the Balakhani area of the deposit. Here, the oil layers come to the surface. The structure of the "Balakhani-Sabunchu" deposit includes productive layer sediments.