It is located at the edge of the Algae Lake, Bunger Hills region in the Wilkes Land and was originally constructed by the Soviet Union.

[3] The research station was built by the Soviet Antarctic Expedition in 1956 and named Oazis (Оазис, English: Oasis).

It was manned briefly by the Polish expedition, which carried out a number of studies, primarily in the fields of gravimetry and geomorphology.

The magnetic observatory building, along with a plaque commemorating the establishment of Oasis Station in 1956, has been designated a Historic Site or Monument (HSM 10) following a proposal by Russia to the Antarctic Treaty Consultative Meeting (ATCM).

The concrete pillar erected by the Polish expedition to measure acceleration due to gravity has similarly been designated a Historic Site or Monument (HSM 49) following a proposal by Poland to the ATCM.