If the valve is CLOSED, there is no pressure on the outside of the valve. There is absolutely no need to drain the tank. Almost all valves use a #10 O-ring to seal the stem: use lots of lube. Sometimes, the gland nut hasn't been tightened down. See if that's the case first, but if it isn't just install a new 10 oring on the stem, making sure what's left of the old o-ring is out of there. This is a two minute fix.