Definition - What does Paysand mean?
A Paysand, also known as a producing zone is a formation or a reservoir bed from where hydrocarbons are produced in exploitable quantities. It can either be a sandstone, limestone, fractured granite or any other formation which can contains hydrocarbons that can be exploited. It is also commonly referred to as a pay zone.
Petropedia explains Paysand
A paysand contains a reservoir or a portion of reservoir that has been identified as an area from where large amount of hydrocarbons can be extracted. Such an area or zone is known as a high exploitable zone and is a favorable location for any oil and gas exploration and production organization. A producing zone once found is capable of paying all the expenses that an oil and gas E&P organization will incur on developing such zone as well as make them earn good revenues and profits.