This is actually quite a typical Mopar failure; usually it is in fact the oil pressure sender that has failed. However, you may want to buy a replacement stub harness or "pigtail" as that often also requires replacement due to age - and it often has become so brittle from the heat of the engine that it breaks when you replace the sensor anyway.
Something else that you may wish to do is to fit an aftermarket electric oil pressure gauge in addition to the factory one. In fact, I would do that first, even if just temporarily, to make sure that it is the factory sender failing and not an actual oil pressure problem.
____________________________
Enough is enough.
We are not here to subsidize your clueless business plans or reward your failures.
1986 Honda Nighthawk 700S (project, light restoration in progress)
1987 Jaguar XJ6 Series III Vanden Plas (modified)
1990 Nissan (WD21) Pathfinder SE 4x4 (little red offroad commuter box)
1995 Jaguar (X300) XJR
1998 Honda Pacific Coast PC800 (two-wheeled pickup truck/utility bike)