© 2017 Society of Exploration Geophysicists. One of the main challenges for full-waveform inversion (FWI) is taking into account both anisotropy and elasticity. Here, we perform elastic FWI for a synthetic 2D VTI (transversely isotropic with a vertical symmetry axis) model based on the geologic section at Valhall field in the North Sea. Multicomponent surface data are generated by a finite-difference code. We apply FWI in the time domain using a multiscale approach with three frequency bands. An approximate inverse Hessian matrix, computed using the L-BFGS-B algorithm, is employed to scale the gradients of the objective function and improve the convergence. In the absence of significant diving-wave energy in the deeper part of the section, ...