The series, which is searching for a new star to appear on Glee, is currently airing its first season.
Davies has now told reporters at the Television Critics Association press tour that he is optimistic about its chances of a second run, TV Line reports.
"[It hasn't been] officially picked up," he said. "[But] talks have begun. A lot of the planning has begun.
"I feel incredibly confident that we're coming back."
Meanwhile, casting director Robert Ulrich revealed that he does not know what character the winner of the show will play and admitted that he isn't sure whether more than one contestant could join Glee, saying: "Anything is possible in the world of Glee."
Ulrich added that the winner's seven-episode arc "can certainly be more [than that] if it takes off" and explained that he has been so impressed by the contenders that he will "keep them in mind for everything else" he does.
Ulrich also teased that the Glee Project victor has not yet started work on Glee, saying: "Many of [the cast] have not met them."
The Glee Project continues on Sundays at 9/8c on Oxygen in the US and on Wednesdays at 8pm on Sky1 in the UK.
> 'The Glee Project': 7th eliminee Q&A
> 'The Glee Project': 'Sexuality' recap
Watch the top 12 Glee Project contestants performing 'Firework' below: