Abstract: A tool for tapping a container and removing fluid from the container includes a modified bit having a tip configured to bore a hole through a wall of the container, such as an oil filter casing or a tank wall, and a threaded frustoconically-shaped shank configured to engage the wall material defining the hole and to draw the tool into sealing engagement with the wall. A valve assembly is attached to the tip remote end of the modified bit. The valve assembly includes a hex-shaped surface for engaging a drill socket so that the tool can be rotated as it is pressed against the wall. A passageway extends through the shank for communicating fluid from the container, and a valve is located in the valve assembly in communication with the passageway to control fluid flow through the passageway. A cap fits over the valve assembly at the tip remote end of the tool during non-use and when the tool is being used to bore through the wall to protect the tool.