How long did it take to lose the 2 quarts of oil? Is this motor new or is this a new problem on a known good engine?
My initial thinking is this - any external oil leak that causes 20-30 psi of oil pressure loss AND a loss of 2 quarts of oil would have to be (?) pressurized oil and would likely be extremely noticeable - as if the oil pressure sender were lose and pretty well gushing oil. The sender, coincidentally, is toward the rear of the motor.
I just don't think there are many places that the oil galleries could leak pressure AND oil outside the motor, so is it possible that you have 2 problems? Maybe a badly leaking valve cover gasket AND...
Speaking of that oil sender, is it possible that it is malfunctioing? Sounds like you have an oil pressure gauge and not just the dummy light. Is this a mechanical gauge and if so, could there be air or some debris/clog in the line? Is the capillary tube kinked and pissing oil on a header? (Not sure this is is even possible to would take an eternity for a capillary tube to piss 2 quarts of oil I think).
I have a gauge and the dummy light in my 413 - the OEM electrical sender plus a capillary to a mechanical gauge. Do you have the same? If so, try cranking the motor over (with the coil wire off). At what pressure does the dummy light to off? I think OEM senders are set to turn off the light at 8psi(?)
The fact that you still have any pressure at all tells me the oil pickup isn't sucking air, so the lack of oil is a symptom not a cause.
Sorry for the stream of thought lol, I'm having a bit of insomnia at the moment and thought I'd throw out some brain storming ideas.
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Have you checked the oil filter o-ring? Is it possible that you left the old o-ring on the motor? Of course, this leak would be the front of the motor, but maybe enough is being blown into the k frame and getting to the rear?