Introducing a high-precision deep-depth velocity model is essential for accurately imaging seismic data in complex areas like deep water and deep depth in oil and gas exploration. Conventional methods, such as reflection full waveform inversion (RFWI), face challenges, notably the cycle skipping issue, especially when the initial velocity model is far away from the true model. To address this, we propose a novel wave-equation traveltime inversion (WETI) using the characteristic reflection wavefield (CRW) to update the low-wavenumber components of the velocity model. The CRWs are primary reflections in seismic data that contribute significantly to velocity model updates. We implement a multi-step approach including migration, characteristic reflector structure (CRS) picking, and demigration to extract the CRW. This extraction, constrained by CRS, ensures accurate matching between observed and simulated CRWs, even with an inaccurate initial velocity model, thus enabling accurate traveltime shift estimation during inversion. Unlike conventional methods that use all reflection data simultaneously, CRW-WETI strategically selects fewer CRWs, enhancing inversion convexity and avoiding local minima from the cycle-skipping problem. This selective inversion begins with a limited number of CRWs to ensure stability and progressively incorporates more as the WETI process advances, eventually transitioning into conventional RFWI. Moreover, with the CRS constraint, CRW can be selected based on the target region. The target-oriented velocity inversion can also be implemented easily to update a local anomalous velocity model. Numerical examples of synthetic and field data demonstrate the effectiveness and validity of the proposed method.
