The Brasher-1 exploration well in Texas, US, has struck a gas column, New Standard Energy said.
The company said it encountered a 14ft gas column in the Yegua formation where drilling took place up to a planned depth of 5,000ft.
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Three thinner Yegua zones have also been identified deeper in the well and will also be flow tested.
Production facilities will be installed and the well will be linked to a nearby pipeline for gas sales.
The oil well is the first of the six wells that New Standard plans to drill in the US in 2010.
New Standard holds a 32.5% working interest in the Brasher-1 well.
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By GlobalData
