The drain spicket where you drain the tank has a slow drip. How do I replace it ? Or do I just replace the o-rings like any other faucett

What is this spigot connected to? What kind of tank?

Likely it has o-rings and gaskets, but without more information, we don't have a clue.

:p
the drain spicket where you drain the tank has a slow drip. how do i replace it ? or do i just replace the o-rings like any other faucett