The global energy demand is increasing while production from mature fields is drastically reducing consequently, oil and gas industries are expanding activities into more challenging areas. The inability of the traditional seismic data to properly delineate hydrocarbon reservoirs from subtle seismic features in ‘Sandfish’ field located offshore, Niger Delta informed the use of simultaneous and elastic impedance inversion. The elastic and derived volumes from seismic inversion would reduce risk, enhance hydrocarbon discovery and optimize development plans in the study area. Four ‘Sandfish’ (Sfn) wells (Sfn-01, Sfn-02, Sfn-04 and Sfn-05), check-shots and 3D seismic data of five angle stacks (6–12°, 12–18°, 18–26°, 26–32° and 32–42°) were used in the study. Low frequency (0–2 Hz) models were generated from interpolation of high-cut-filtered compressional wave velocity log (P-sonic), shear wave velocity log (S-sonic) and density log guided by interpreted four seismic horizons. The low frequency models broaden the spectrum of the elastic volumes and also served as inversion constraints. The five partial angle stacks varying from 6–42° were simultaneously inverted using Jason’s Rock-Trace® inversion software which iterated trial inversions until the model sufficiently matched the seismic data. The near (6–12°) angle and far-far (32–42°) angle stacks were also inverted and compared with the inverted volumes from the simultaneous inversion. This was carried out to determine the effectiveness of near and far-far elastic impedance volume in delineating hydrocarbon reservoirs. The inverted elastic volumes P-impedance (ZP), S-impedance (ZS), density (ρ), near and far-far elastic and derived volumes lambda-rho (λρ), mu-rho (µρ), Poisson’s-ratio (σ) reveal vertical and lateral continuity of the reservoirs identified (K01, N01 and P01) at 2179 m, 2484 m and 3048 m, respectively. The delineated reservoirs showed good match with the sand tops away from the well control validated by a blind well test. The cross-plot of inverted ZP from simultaneous inversion and well ZP gave correlation coefficient of 86% indicative of high quality inverted volume which will reduce exploration risk. The plot of inverted ZP from simultaneous inversion and inverted far-far elastic volume reflected 82% correlation coefficient indicating that this method could be adopted in other fields with limited data and similar geological setting. Hence, the study has shown the efficacy of elastic volumes in delineating hydrocarbon reservoirs which can help locate optimum region for development wells.