Journal ArticleWe develop a method of 3-D magnetic anomaly inversion based on traditional Tikhonov regularization theory. We use a minimum support stabilizing functional to generate a sharp, focused inverse image. An iterative inversion process is constructed in the space of weighted model parameters that accelerates the convergence and robustness of the method. The weighting functions are selected based on sensitivity analysis. To speed up the computations and to decrease the size of memory required, we use a compression technique based on cubic interpolation. Our method is designed for inversion of total magnetic anomalies, assuming the anomalous field is caused by induced magnetization only. The method is applied to synthetic data for typical models of magnetic anomalies and is tested on real airborne data provided by Exxon-Mobil Upstream Research Company