Ron
Please refer to one of my first posts in Oct 2014.
The issue remained into early 2015 for my engine.
see post....
Bravo Oil Pressure
By tls pilot, October 9, 2014 in Mooney Bravo Owners
after reading old post, a few thoughts....
I do not recall when you purchased your reman from Lycoming.
But it seems like it was around 2015 when they were finally figuring out my issue.
Is your issue decreasing oil pressure as you climb? and Then as you decrease altitude the oil pressure increases?
In my case the issue was easily documented since I have dual oil pressure guages, the ships transducer guage and a direct reading Scott.
As well, I have two oil temp guages, the ships and a JPI.
Once the engine was installed, the oil pressure difference was related to altitude. See the original post, basically, the higher I went the lower the oil pressure. It was a consistent decrease in oil pressure on climb until I reached FL 140 where the oil pressure went into the yellow. At that point, I did not go higher.
I documented the incremental oil pressure loss with a spreadsheet and pics. Noting the readings on both pressure guages and the oil temps.
Lycoming suggested adjusting the oil relief valve, an easy task on our engine, no need for washers, ( you can also het a stiffer spring, purple or white?) use a 9/16 th wrench on the aft cylinder in front of the oil cooler. The problem is this is NOT the fix. It only allowed me to climb to FL 170 vs FL 140 before the oil pressure went into the yellow. No real fix...
At least in my case it was not a fix.
If your oil pressure is decreasing with each 1000 feet as you climb, it may be the same issue I had.
Lycoming is and was clearly aware that the new lifters (tappets), parabolic ones, used in our TIO540AF1B was not allowing proper oil pressure especially once we got into the FLs. Apparently due to our oilers and the ability of the oil pump?
It is a practice that was stopped sometime in 2015 or early 2016, with Lycoming only using straight tappets.
In my case, after flying the reman engine for 21 hrs, the engine was pulled and rebuilt w another new camshaft and new tappets, the original design type. After that, I can fly up to FL240 without any oil pressure drop. It certainly fixed the issue.
No sense having an engine and plane that can fly at FL240 but you need to fly with the oil pressure in the red or yellow....
IF you have the same data of oil pressure loss w altitude increase, I suggest you call Lycoming and ask very specific questions as to what tappets were used in your install.
Obviously, there are other issues that may cause a drop in oil pressure; Boyles law and oil temps, the turbo system, and prop governor.
Good luck.