For sebaceous cysts, generally no treatment is required but they become painful then it means they are infected, then surgical excision by traditional wide excision, minimal excision, and punch biopsy excision may be required.
It is very difficult to precisely confirm a diagnosis without examination and investigations and the answer is based on the medical information provided. For exact diagnosis, you are requested to consult your doctor. I sincerely hope that helps. Take care and please do keep me posted on how you are doing.
Yes I have the same problem I have one on my right inner side of my Labia Majora it is very small in painless and I have been using witch Hazel and tea tree oil and it helps me .