In my 2003 F53 I use Motorcraft 5W-20 semi synthetic as suggested by Ford. I have my oil tested by Blackstone Labs. The last test was over 6,800 miles. It used 1 quart over that period. All tests and viscosity were within range and they suggested going to 9,000 miles on the next change.
Wear metals look great. Iron is up quite a bit from last time, but as you probably know, that metal will track
with miles on the oil and this level is fine for 6,800 miles. If there are any mechanical issues, they aren't showing
themselves in these numbers. The oil is free of fuel and coolant and the air and oil filters had no trouble keeping up. Try
9,000 miles on the next oil.
This was with a lot of mountain driving in the west pulling a Jeep Cherokee.