OMV said said the oil was discovered oil in the Marzuq basin in southwestern Libya.
"This discovery in Libya confirms the potential of the country for OMV's upstream activities," Jaap Huijskes, an exploration director at the company, said in a statement Monday.
Spanish energy company Repsol is the operator of the area. It said it verified the oil discovery when 528 barrels of oil per day flowed from the well during testing.
"Following the good results obtained, Repsol will continue with the exploratory campaign, which began in 2013 and which will continue through the end of 2015," it said in a statement.
OMV, a minority partner in the Libyan operation alongside French energy company Total, said operations in the Marzuq basin began in May.
Libya has struggled to return to a pre-2011 production level of 1.6 million barrels per day.
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