I have an 06 Grand Prix with a 3800 Series III engine with just over 300k miles on it. A while back, the engine developed a "tick" coming the rear valve train. My neighbor (who is a boat mechanic and shade tree car mechanic) and I removed the valve cover, and all the valve cover and inspected the valves. Everything seemed to be tight, and the ticking did not subside when we manually lubricated the valves. This lead us to the conclusion that is must be something lower (lifter, etc.). I decided to not pursue it any further due to the complication of getting to the lifters. At the time, the noise only appeared when the engine was cold, but once warmed, it went away. Over the past few months, the tick has become constant, but I still wasn't terribly concerned.
This week, my low oil pressure light has started coming on when I stop or turn sharp, but it goes off almost as quick as it appears. I immediately checked the oil level, and it was about a half a quart low. Considering where I was in my oil change cycle, this made sense. I've had this car since 07, and it's always used a half quart around halfway through the cycle. I added some oil to the proper level, but the low pressure light still comes on when I stop, but goes off once I am stopped. A few weeks back, my parent's Ford Explorer was doing something similar and it was the oil pressure switch. My car has both the original pump and pressure switch.
My current thought process is that it may be the switch has gone bad. The good thing about this is its a cheap and easy fix, but now I'm wondering if I have something more going on. Maybe the tick was actually a symptom of either a bad oil pump or a sludge build up in the system. Another thing I have considered is doing an engine flush with Liqui Moly Engine Flush (seems to be highest rated everywhere), but my concern with that is that with my mileage, the engine may begin burning oil as long gunked over oil leaks are free to leak again.
Does any have any thoughts on what is the most likely problem or have a suggested course of action?
Thanks.