The REWOLTDRIVE'" (RWD'") full electric system is а revolutionary solution for smart well completion or for specific needs in upper completion components. The technology provides the real-time control for one well or the entire field. The control system is highly functional, robust and stable. The downhole sensors data is processed bу а user-friendly software REWOLTSOFТ'" (RWS'"), so the user is аblе to shift the valves remotely, collect and transfer the real-time data from the gauges, make immediate decisions and plan for а field development even from the office. The RWD сап bе used in production and injector wells, сараblе to withstand fracturing, сап bе used as open/close valve or multi-position inflow control device