Absorbing boundary conditions play an important role in one-way wave extrapolations by reducing reflections at grid edges. Clayton and Engquist's 2-D absorbing boundary conditions for one-way wave extrapolation by depth stepping in the frequency domain are extended to three dimensions using paraxial approximations of the scalar wave equation. Internal consistency is retained by incorporating the interior extrapolation equation with the absorbing boundary conditions. Numerical schemes are designed to make the proposed absorbing boundary conditions both mathematically correct and efficient with negligible extra cost. Synthetic examples illustrate the effectiveness of the algorithm for extrapolation with the 3-D 45° one-way wave equation.