Acoustics-based methods and devices to characterize a gas kick during drilling an oil, gas, or gas condensate well are described. A pressure wave may be generated by abruptly changing the drilling mud pressure in the well, for example at the well head. The pressure wave is allowed to travel down the well, reflect from the well bottom and reach the well head again. Pressure is monitored during this process and a pressure peak is identified. The gas kick is characterized using the width of the pressure peak and time elapsed from the onset of pressure change and appearance of the peak. Negative pressure wave is preferred and may be generated by opening of a fast-acting valve located in the outlet pathway of the drilling mud fluid.