Abstract: A technique facilitates remote monitoring and control of water flood regulator assemblies from a surface location, or other remote location, and for at least one zone in a well. For each zone, a regulator assembly comprising a regulator is deployed and is adjustable to enable regulation of a flow of water into a corresponding water flood injection zone. A control system is operatively coupled with the assembly to enable selective adjustment of the assembly for regulation of the water flow rate without employing intervention operations. In some applications, the surface controlled intelligent water flood regulator provides real time injection point flow information and enables real time adjustment.