Overview on Ovarian Cyst Types http://ovariancystfacts.com/overview-on-ovari... Ovarian cysts are fluid-filled sacs or pockets within or on the surface of an ovary. Many women have ovarian cysts at some time during their lives. Most ovarian cysts present little or no discomfort and are harmless. Although depending on the type some ovarian cysts can cause pain and sometimes produce serious symptoms.