I don't understand what you mean by Failsafe tank. The rocker switch tank selector is marked front and back. Rear tank is little tank, about 20 gallon, front tank on a Super cab is bigger than what my regular cab has I think. My tank is 24 gal. At 18-1/2 mpg I can go 814 miles between fuel stops.
If you get a drop of oil under the engine it's best to crawl under and see what's wet with oil. Having run a truck like yours 21 years I would bet the adapter fitting for the engine oil dipstick to attach to the oil pan is leaking. The o-ring inside the pan swells and slips out of its groove. There's videos on line how to replace the o-ring, places online make repair kits. Engine must be removed to pull the oil pan so the trick is to replace the o-ring without removing oil pan. Could be rear main seal but with low miles doubtful.
You will learn to dislike gasoline if you keep that truck long enough. Those OBS Ford diesel trucks with low miles don't stay for sale long. Put it on ebay or something and you could sell it for more than you paid.
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