We have proposed a new method, a one-step extrapolation algorithm, to solve the acoustic wave equation. By introducing a square-root operator, the two-way wave equation can be formulated as a first-order partial differential equation in time, which is similar to the one-way wave equation. To solve the new wave equation, we used a stable explicit extrapolation method in the time direction and handled lateral velocity variations in the space and wavenumber domains. Unlike the conventional explicit finite-difference schemes, the new method does not suffer from numerical instability or numerical dispersion problems. It can be used to design cost-effective and high-quality reverse time migration or modeling code.
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Zhang et al. (2009) studied this question.
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