1c together show a semidiagrammatic cross section of a gas lift valve 8 shown in the closed position used in a subterranean well not shown illustrating a valve body 10 with a longitudinal bore 12 for sealable insertion in a side pocket mandrel 14 a variable orifice valve 16 in the body 10 which alternately permits prohibits or throttles fluid flow represented by item 18 u2014 see fig7 into said body through injection gas ports 13 in the mandrel 14 and an actuating means shown generally by numeral 20 which is electro hydraulically operated using a hydraulic pump 22 located in a downhole housing 24 an electric motor 26 connected to and driving the hydraulic pump 22 upon receipt of a signal through an electrical conduit 23 connected to a control panel not shown located at the earth 39 s surface also shown is a moveable temperature volume compensator piston 15 for displacing a volume of fluid that is utilized as the actuating means 20 operates and for compensating for pressure changes caused by temperature fluctuations a solenoid valve 28 controls the movement of pressurized fluid pumped from a control fluid reservoir 25 through a pump suction port 21 and in a hydraulic circuitry 30 and the direction of the fluid flowing therethrough which is connected to and responding to the action of the pump 22 a moveable hydraulic piston 32 responding to the pressure signal from the hydraulic circuitry 30 opens and controls.