The 30-year-old was released by the Hammers at the end of the season after failing to agree a fresh deal.
Following a few weeks without a club, O'Neil is close to completing a move from the Premier League to the Championship at Loftus Road, according to Sky Sports News.
O'Neil, who has played under QPR manager Harry Redknapp in the past, spent two years at West Ham.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Sheffield UnitedSheff Utd | 18 | 12 | 4 | 2 | 25 | 9 | 16 | 38 |
| 2 | Burnley | 18 | 10 | 6 | 2 | 23 | 6 | 17 | 36 |
| 3 | Leeds UnitedLeeds | 18 | 10 | 5 | 3 | 31 | 13 | 18 | 35 |
| 4 | Sunderland | 18 | 9 | 6 | 3 | 26 | 13 | 13 | 33 |
| 5 | Middlesbrough | 18 | 9 | 3 | 6 | 32 | 21 | 11 | 30 |
| 6 | Watford | 18 | 9 | 3 | 6 | 26 | 24 | 2 | 30 |
| 7 | West Bromwich AlbionWest Brom | 18 | 6 | 10 | 2 | 19 | 12 | 7 | 28 |
| 8 | Blackburn RoversBlackburn | 17 | 8 | 4 | 5 | 21 | 17 | 4 | 28 |
| 9 | Norwich CityNorwich | 18 | 6 | 7 | 5 | 35 | 27 | 8 | 25 |
| 10 | Millwall | 17 | 6 | 7 | 4 | 20 | 15 | 5 | 25 |
| 11 | Bristol City | 18 | 6 | 7 | 5 | 24 | 21 | 3 | 25 |
| 12 | Swansea CitySwansea | 18 | 6 | 5 | 7 | 18 | 17 | 1 | 23 |
| 13 | Sheffield WednesdaySheff Weds | 17 | 6 | 4 | 7 | 20 | 26 | -6 | 22 |
| 14 | Stoke CityStoke | 18 | 5 | 6 | 7 | 19 | 22 | -3 | 21 |
| 15 | Derby CountyDerby | 17 | 5 | 5 | 7 | 21 | 22 | -1 | 20 |
| 16 | Coventry CityCoventry | 18 | 4 | 6 | 8 | 24 | 27 | -3 | 18 |
| 17 | Oxford UnitedOxford Utd | 18 | 4 | 6 | 8 | 20 | 28 | -8 | 18 |
| 18 | Preston North EndPreston | 18 | 3 | 9 | 6 | 17 | 25 | -8 | 18 |
| 19 | Luton TownLuton | 18 | 5 | 3 | 10 | 20 | 33 | -13 | 18 |
| 20 | Cardiff CityCardiff | 18 | 4 | 5 | 9 | 17 | 28 | -11 | 17 |
| 21 | Plymouth ArgylePlymouth | 18 | 4 | 5 | 9 | 18 | 38 | -20 | 17 |
| 22 | Hull City | 18 | 3 | 6 | 9 | 17 | 26 | -9 | 15 |
| 23 | Queens Park RangersQPR | 18 | 2 | 9 | 7 | 15 | 26 | -11 | 15 |
| 24 | Portsmouth | 16 | 2 | 7 | 7 | 18 | 30 | -12 | 13 |
| > Championship Full Table | |||||||||
