The aim behind this study is to provide the reader with a preliminary overview of the "Smart Wells" technologies; starting with the drilling operations, then completion stage and finally the day-to-day monitoring systems. The paper outlines the smart technologies elements, benefits and their operational procedures. It begins with elaborating on the definition of the smart well as well as the importance of applying smart concepts and technologies to the wells in the oil and gas industry. Then, the different ways of applying the smart technologies and their properties are explained. The paper provides a comprehensive overview about the technologies associated with smart wells in the drilling, completion and monitoring. The paper also focuses on reviewing the various phases of the well and the advantageous smart solutions available for each phase. It also clarifies the pre-job planning steps to be taken by the operator for each phase. In addition to that, the monitoring procedure as well as the installation procedures is going to be reviewed. Finally, for each technology discussed in this paper, the advantages are going to be elaborated. The knowledge presented in this study can be used as an introductory to apply smart methodologies and solutions to the oil and gas industry.