The Novkhani field is located southwest of the Absheron oil and gas zone, 25 km northeast of Chilov Island. The depth of the sea in the area is 100 m.
The field was first discovered in 1964 as a result of seismic surveys. Its geological structure and the presence of a structural protrusion were identified during the seismic surveys conducted in 1975.
In 1998, by order of the Exxon-SOCAR Alliance, 3D seismic surveys were conducted in the area and specific changes were made in its morphological structure. According to the data, the Novkhani structure is located southeast of the Hamamdagh-Sabail tectonic zone and has an anticline structure extending in a northeastern direction. There is a largely submerged mud volcano in the center of the structure. The fold length is 24.5 km, the width is 6.7 km to the northeast, 38 km to the southwest, and the height is 2,200 m.
Geophysical and geological surveys and drilling works have studied the area. Drilling within the structure began in 1991. In 1991-1994, exploration Wells No. 1 and 2 were drilled in the area. Well No. 1 was drilled to a depth of 3,845 m and opened the Gala formation at 3,565 m. During the test development, 150,000 m3 of gas and 18-22 tons of condensate were produced daily, from 3,551 to 3,556 m. As of 1 January 2022, the residual recoverable reserves of the Novkhani field are 236,000 tons of oil and 2.3 billion m3 of gas. The Novkhani field is on the balance sheet of 28 May OGPD of SOCAR's Azneft PU.