1 tsp of goo is nothing.
You should see the sludge that I have blown out of my 60 gallon oil lube compressor. My dad and I blew a half gallon or more of water out of a 20 gallon compressor we were using. Tonight I got that compressor running again. It had a bad crank bearing and I needed one to fill in for the pump on my 60 gallon unit. That one blew apart a connecting rod and cracked the case. It is junk. I have no problems running the old compressor, but it sits outside in a corner.
It is not good to leave water in the tank because it rusts and turns to brown liquid or goo, when combined with oil that blows by the rings on an oil lube unit. I have not had any compressor blow apart where I have been working and don't personally know anyone who has. I worked in the construction industry for about 20 years.
I have read of stories on this forum where a tank has blown. It is possible, but it takes a long time to rust through a tank. People on here have complained of pin holes in their tanks. When it gets to that point, destroy the tank. The rust from the inside out, so you have no idea how many more failure points are just about ready to go.
After reading about failures, it seems like a good idea to have the compressor away from people. Before I knew about the failures, I put mine away from my work area to keep down the noise. Now, I sometimes think about what would happen if it did blow a tank. It is not likely to happen, but I don't have a desire to work next to it, even when it is turned off. That area is used mainly for storage.
The other compressor I have had for years is a Porter Cable 4.5 gallon suitcase style. I have loaded it in my truck way too many times to count. I rolled the wheels up my legs to lift it and then set it in the truck. It is not small. The water only got drained once in a while. It sits for long periods without being used. I have used it for the last few weeks since the big one died. It just keeps on going. These things are not live ordinance just waiting to go off.