A technique facilitates a water flood, e.g. dump flood, operation. A standard electric submersible pumping system is deployed in a wellbore to draw water from an aquifer or water source zone along the wellbore. A shroud and a crossover port are used in combination with the submersible pumping system to redirect pumped water downwardly along an isolated flow path. The downward flow of pumped water is directed along the wellbore and injected into a desired, injection zone to facilitate recovery of oil or to perform other types of water flood operations.