Surface waves are widely used in the study of underground structures at various scales because of their dispersion characteristics in layered media. Whether in natural seismology or engineering seismology, surface wave analysis methods have matured and developed for their respective fields. However, in oil and gas exploration, many data processors still tend to consider surface waves as noise that needs to be removed. To make more people pay attention to the application of surface waves and widely utilize surface waves carrying the near surface information in oil and gas exploration, this paper takes the data processing of LH site in Qinghai, China as an example to apply surface wave analysis methods to oil and gas exploration. We first preprocess and perform dispersion imaging method on the seismic record in the LH site to obtain frequency-phase velocity spectrum with good resolution and signal-to-noise ratio. Then, utilizing clustering algorithms, it automatically identifies and picks dispersion curves. Finally, through a simultaneous inversion algorithm of velocity and thickness, it inverts the dispersion curves and obtain S-wave velocity profiles in the depth range of 0–200 m. The near surface is divided into four zones based on velocity ranges and depth ranges. Additionally, we apply the surface waves inversion results as constraints to first-arrival tomography and obtain objectively accurate P-wave velocity profiles and Poisson’s ratio profiles. The results indicate that by applying surface wave analysis methods, the near surface velocity information carried by surface waves can be extracted, providing near surface velocity models for static correction and migration. At the same time, compared with the surface wave application in engineering seismology, the scale of oil and gas exploration is larger, so that the data processing of surface waves is particularly important, otherwise it will affect the picking of the dispersion curve and inversion.