A single-plug method for measuring seismic velocities and transverse isotropy in rocks has been rigorously validated and laboratory tested. The method requires only one sample to measure the velocities needed to derive the five independent elastic constants for transversely isotropic materials. In this method, piezoelectric transducers are fitted to the top, bottom, and sides of the cylindrical sample. Laboratory velocity and anisotropy can be measured as functions of pressure, temperature, fluid saturation, and fluid displacement. Because this method uses a horizontal core plug that has much higher permeability than a vertical core plug, it is especially suitable for low-permeability shale measurements. It reduces the sample preparation and velocity measurement time by more than two-thirds.