If you are getting a ticking sound, it sounds like the pressure is low. That isn't caused by the sensor, but instead, can be due to an oil pump, clogged pick-up screen, worn main bearings, and so on. If the mileage you indicated is correct, it may simply be wearing out.
Do me a favor. Let's confirm it is an oil pressure issue. What I need you to do is get a mechanical oil pressure gauge from a parts store. Most will lend one to you.
Next, remove the present electric oil pressure switch and screw in the mechanical one. Start the engine and see what pressure is being produced.
Do this and let me know what you find. I attached the manufacturer's specifications below.
See pic below.
Image (Click to make bigger)
Tuesday, September 14th, 2021 AT 9:21 PM