Narrative:

Climbing out of FL270; master warning lights illuminated; subsequent engine instruments verified actual loss of left engine oil pressure with normal oil temperature indications. Per the flight manual; a precautionary engine shutdown was performed and secured per the emergency procedure. ATC was notified of our intention to declare an emergency and return to the departure airport. We; as a crew; decided in order to expedite our return as soon as possible; we would elect to perform an overweight landing instead of dumping fuel over a populated area. An abnormal landing was briefed and conducted without incident. Upon inspection; the engine oil dipstick was found to have a faulty 'O' ring. The aircraft was written up for both the precautionary engine shutdown and the overweight landing.

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Original NASA ASRS Text

Title: A LR35 crew declared an emergency and the flight returned to the departure airport after the Master Warning and Oil Pressure Lights alerted the loss of oil quantity because a faulty oil dip stick seal.

Narrative: Climbing out of FL270; Master Warning lights illuminated; subsequent engine instruments verified actual loss of left engine oil pressure with normal oil temperature indications. Per the Flight Manual; a precautionary engine shutdown was performed and secured per the emergency procedure. ATC was notified of our intention to declare an emergency and return to the departure airport. We; as a crew; decided in order to expedite our return as soon as possible; we would elect to perform an overweight landing instead of dumping fuel over a populated area. An abnormal landing was briefed and conducted without incident. Upon inspection; the engine oil dipstick was found to have a faulty 'O' ring. The aircraft was written up for both the precautionary engine shutdown and the overweight landing.

Data retrieved from NASA's ASRS site as of July 2013 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.