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Abstract: This paper presents soft computing approach for estimation of missing wave heights at a particular location on a real-time basis using wave heights at other locations. Six such buoy networks are developed in Eastern Gulf of Mexico using soft computing techniques of Artificial Neural Networks (ANN) and Genetic Programming (GP). Wave heights at five stations are used to estimate wave height at the sixth station. Though ANN is now an established tool in time series analysis, use of GP in the field of time series forecasting/analysis particularly in the area of Ocean Engineering is relatively new and needs to be explored further. Both ANN and GP approach perform well in terms of accuracy of estimation as evident from values of various statistical parameters employed. The GP models work better in case of extreme events. Results of both approaches are also compared with the performance of large-scale continuous wave modeling/forecasting system WAVEWATCH III. The models are also applied on real time basis for 3 months in the year 2007. A software is developed using evolved GP codes (C++) as back end with Visual Basic as the Front End tool for real-time application of wave estimation model. [Copyright &y& Elsevier]