Reports said that the company has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite.

ONGC produces two-third of all oil and gas produced in the country.

Oil and Natural Gas Corporation (ONGC) is planning to invest over $2 billion in drilling a record 103 wells on its main gas-bearing asset in the Arabia Sea, according to reports.

Reports said that the company has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite.

ONGC produces two-third of all oil and gas produced in the country, the reports said.