I had a leaky 11x14 and 8x10 Beseler color drum. The lid developed a crack over time on the inner ring by the notch.
I bought some flowable silicone from the auto parts store (windshield repair) and it did the trick. I removed the lid, cleaned and dried it thoroughly and put it on the bench up side down. I then filled the groove up to the bottom of the notch. I only filled the area where the crack was and about 2" each way.
I let it cure over night and have been using it since. It worked so well I did both ends of my 8x10 and 11x14 drums with one $8 tube of "Versa Chem" flowable Silicone.
This stuff is flexible and did not change the way the lid fits the drum.
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