A flow regulation tool including a ported landing nipple having a port therethrough, a retrievable choke assembly disposed within the housing, the choke assembly including a choke member and a pressure port, a fluid flow path within the housing that includes a first direction of flow in a first portion of the flow path and a second direction of flow in a second portion of the flow path, and a sensor gauge having first and second pressure sensing points disposed in the retrievable choke assembly, the first pressure sensing point exposed to pressure upstream or downstream of the choke member depending upon fluid flow direction and the second pressure sensing point exposed to pressure at the other of upstream or downstream of the choke member depending upon fluid flow direction, one of the first and second pressure sensing points exposed to the corresponding pressure through the pressure port.