I have 7.4 454 with oil pressure problem. Starts up and always runs 150-160 degrees. Oil psi at 45. When I start cruising at 3300 rpm the oil psi drops down to 0 after ten minutes. Temp is good , no engine noise, and runs perfect. I changed the sending unit , new home run to gauge , new gauge , k n oil filter , 15/40 rottela oil with one quart Lucas. Changed the oil bypass valve. Funny thing as soon as you let off the throttle oil pressure goes back up to 45 psi. Engine has 75 hours on it with all new everything. I can run it at 3800 rpms for a full trip 1.5 hours and engine does not miss a beat. I pulled the filter multiple times and cut open with no filings. Filter clean.