Thanks for the many answers.
RoyDMatson - The membranes are a series of tubes with holes poked in them small enough to let O2 molecules out, but not the N2. Any oil clogs up the pores and significantly reduces efficiency. Short story - By the time there is a peressure difference the damage is done. At $112K a replacement set it's too expensive too wait.
DRWeig - A lot of the sensors use a swelling medium similar to what RDM suggested, and there are some that are capacitance related, the swellers require replacement when alarmed, and the capacitance requires a long run of wire. Both would require installation and sealing to operate in a pressurized environment.
morg - Good idea but sounds expensive, I'll pursue it further. With air rushing through at 750 scfm, I think I would have to insert some sort of pneumatic cul-de-sac to slow the flow. Let me give that one more thought.
I've got a couple level sensors, one works on oil filling a gap and the other is electro-optic. What I am leaning towards is putting in a sump before the membranes, perhaps with a baffle and mount the sensor vertically from the bottom. The idea is that when the system is turned off, any oil would drain into the sump and raise the alarm. Theres a number of particulate filters, heaters and a charcoal filter before the membranes; I'll locate a place in there.
Thank you for all the ideas!