That's concerning.
I agree with RRR, try a new filter then go from there. It doesn't get much easier than changing the filter. Pulling the pan in the car isn't fun but it's easier than pulling the engine, IMO. If it gets worse that'd be the next step i'd take. Plasti gauge the bearings and check for wear, if everything looks fine then your oil pump might be takin' a dive on ya. There's only so many things that affect oil pressure.
Hopefully it's an easy fix for you and then you can get back to enjoying that 340. :burnout: