That looks like an o-ring with 204,000 mi on it... Wow.Found my oil pressure issue. Everything is all good now with the oil pressure and no more ticking.
I'm assuming the inside of the oil pan looked as bad as that pick up tube? Check your PCV to make sure it's not plugged... And I'd be running Valvoline R&P for the next several oil changes with more frequent change intervals than the previous owner apparently did.
Fool me once...