A hydraulically-retrievable, reversible flow operation jet pump threadably attached to a tubing string which is powered by fluid supplied through the tubing string. A pump housing, or container, of the jet pump includes a hollow cylinder with an internal diameter closely matching that of the attached tubing string. A jet pump assembly is retainably, scalably disposed within the pump housing. A jet pump reducing nozzle-mixing chamber-diffuser assembly is retainably disposed within the carrier. Power fluid pumped through the nozzle-mixing chamber-diffuser assembly conventionally draws in objective fluid in which the jet pump is immersed, and transports it out of the pump to the desired receiving station. The jet pump assembly can be oriented in either of two directions within the pump housing, for selected fluid direction flow.