A fully torn o-ring can undoubtedly lose that quantity of oil. But, injector o-rings rarely spontaneously rip in half. They begin leaking slowly. Oil gets pushed into the fuel rail. Yes, if your oil is black, it will stain the filter black in time, but remember the stock system has dead-headed fuel rails, so in the early stages, it just gets burned. And a 7.3 will burn oil just fine. I've actually experimented with waste motor oil as fuel and up to 75% oil and 25% diesel smoked very little. Injector o-ring failure causing oil consumption is a known problem in this engine. Actually, probably the number one cause in all HEUI engines. The usual cause of a blown turbo seal is excessive play due to bearing failure. For a shaft to wobble enough to destroy one seal but not the other would be weird. If they both fail, then, you'd have unburned oil in a hot exhaust. That smokes and oil drips out of the tailpipe. Again, a very common cause although much less common than the o-ring.
There's a saying in medicine. When you hear hoofbeats, think horses, not zebras.