Depth conversion is an important step of the seismic reflection method, which converts the acoustic wave travel time to actual depth, based on the acoustic velocity of subsurface medium (sediments, rocks, water). Depth conversion integrates several sources of information about the subsurface velocity to derive a three-dimensional velocity model:
The conversion permits the production of depth and thickness maps that depict subsurface layers that are based on reflection data. These maps are crucial in hydrocarbon exploration because they permit the volumetric evaluation of gas or oil in place. In the example subsurface map presented below, depth increases from red to blue. The highest zone in red is an oilfield at approximately 3000 m below sea level.
Original source: https://en.wikipedia.org/wiki/Depth conversion.
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