A new approach is proposed in order to interpret field self-potential (SP) anomalies related to simple geometric-shaped models such as sphere, horizontal cylinder, and vertical cylinder. This approach is mainly based on solving a set of algebraic linear equations, and directed towards the best estimate of the three model parameters, e.g., electric dipole moment, depth, and polarization angle. Its utility and validity are demonstrated through studying and analyzing synthetic self-potential anomalies obtained by using simulated data generated from a known model and a statistical distribution with different random errors components. Being theoretically tested and proven, this approach has been consequently applied on two real field selfpotential anomalies taken from Colorado and Turkey. A comparable and acceptable agreement is obtained between the results derived by the new proposed method and those deduced by other interpretation methods. Moreover, the depth obtained by such an approach is found to be very close to that obtained by drilling information.