Hi all. Good discussion and very helpful. I have about 2500 miles on the engine since rebuid. I can confirm the oil is not leaking out and the oil pan is tight. I had an auxiliary oil feed and separator, but took them off as a first step in diagnosis. Engine had about 250,000 miles before rebuild, didn't really want to take apart but oil pressure got quite low.
I pulled the plugs and did a compression test last night. Got 160 psi on the first cylinders(1-4), 175 on the rears (5&6). Plugs had oil on the threads, rearmost ones had the most. Did not appear to leakdown very quickly, but I don't have much experience with that.
I'm thinking guides still, but oil control rings might in upside down (or faulty), especially on rear cylinders. My logic is the rear cylinders showed slightly higher compression and more oil on threads, therefore more oil is in these cylinders causing them to seal slightly better. Thoughts?
It's got Deves rings now, might go with Grant on rebuild. Head is coming off, just a matter of time. Thanks for the discussion and let's keep it going! I will post findings and root cause when I get it. Mike Roe