I have 1993 325 is with 136,000 mile on it.  Recently I developed what sounds like a lifter ticking.  The sound varies with engine rpm.  I have gone through a lot of checks, nothing found.  I did hear today when I was under the car that the sound appears to be coming from the oil pan area.  could it be a problem with the oil pump?? My oil pressure light works fine and goes aut after about 5 seconds on cold start.  
