A system and method can be used for to calibrating time-lapse seismic volumes by cross-migration rescaling and reorientation for use in determining optimal wellbore placement or production in a subsurface environment. Certain aspects include methods for cross-migration of data sets processed using different migration techniques. Pre-processing of the data sets, optimization of rescaling and reorientation, and identification of adjustment parameters associated with minimum global error can be used to achieve a time-dependent formation data set that addresses error in all input data sets.