I assume the reason you don't want to just keep topping the box up with oil is water contamination?
The leaking seal, nicely lubricated with oil would be unlikely to wear much more - even if it does, it's still going to have to be replaced if it goes into proper use.
The leaking seal, nicely lubricated with oil would be unlikely to wear much more - even if it does, it's still going to have to be replaced if it goes into proper use.