The delay‐time (τ‐p) parameterization, which is also known as the plane‐wave decomposition (PWD) of seismic data, has several advantages over the more traditional time‐distance (t‐x) representation (Schultz and Claerbout, 1978). Plane‐wave seismograms in the (τ, p) domain can be used for obtaining subsurface elastic properties (P‐wave and S‐wave velocities and density as functions of depth) from inversion of the observed oblique‐incidence seismic data (e.g., Yagle and Levy, 1985; Carazzone, 1986; Carrion, 1986; Singh et al., 1989). Treitel et al. (1982) performed time migration of plane‐wave seismograms. Diebold and Stoffa (1981) used plane‐wave seismograms to derive a velocity‐depth function. Decomposing seismic data also allows more rapid modeling, since it is faster to compute synthetic seismograms in the (τ, p) than in the (t, x) domain. Unfortunately, the transformation of seismic data from the (t, x) to the (τ, p) domain may produce artifacts, such as those caused by discrete sampling, of the data in space.