A technique enables protection of subsea wells. The technique employs a subsea test tree and associated control system to ensure control over the well in a variety of situations. The subsea test tree may be formed with an upper portion releasably coupled to a lower portion. The upper portion employs at least one upper shut-off valve, and the lower portion employs at least one lower shut-off valve to protect against unwanted release of fluids from either above or below the subsea test tree. The subsea test tree also is coupled with the control system in a manner which allows control to be exercised over the at least one upper shut-often valve and the at least one lower shut-off valve.