Migration velocity analysis and migration imaging constitute two important parts in seismic data processing. At

present, time migration has become mature, and depth migration is getting more and more perfect. The common method for time

domain migration imaging is pre-stack time migration. By adopting stacking velocity analysis along the layer, exact layer

stacking velocity can be obtained. Through dip correction, pre-stack time migration and CRP de-migration velocity analysis, the

velocity is optimized step by step, and then a desired RMS velocity field that is up to the geological rule is acquired. In

addition, the method for building the accurate migration velocity field is summed up through the study of the depth migration

method. A new seismic data processing flow in combination of Kirchhoff arithmetic based on ray tracing and wave equation

arithmetic based on wave field extrapolation is presented. As a result, migration velocity analysis and migration imaging are

considerably improved.