Occasional Oil Pressure Light for 2-3 seconds in my 318. Should I panic?

Rat Bastid said
I’m betting the pickup is NOT touching the pan and it MUST touching it.

The only fix is to pull the pan and fix it. Adding oil doesn’t make the pickup function correctly.

There's suppose to be a clearance of a 1/4" to 3/8" between the pickup tube and the pan