Per the oil description, Chevron R&O Oil is designed for use in many applications that require protection against rust and oxidation, but do not require anti-wear or extreme pressure additives. It may be used for lightly loaded plain and anti-friction bearings, electric motors, machine tools, air compressors, and circulating systems that require rust and oxidation inhibited oil. FS Turbine R&O Hydraulic Fluid can also be used as a gear oil where API GL-1 service is specified. It is widely used where non-detergent motor oils (API SA) are specified.
GL1 oil is the lowest level of performance and is typically used in vintage transmissions and simple lightly loaded bearings. It is very similar to engine oil, having a very low additive content, but is available in much higher (thicker) viscosities to suit gearboxes with unsophisticated oil seals. So technically it should be acceptable substitute, but have a less robust additive package than typical gear oil.
Chevron R&O Oil is specified as a turbine oil, so the oil hydrocarbon chain size may differ from other oils. So something like a synthetic oil is more homogeneous as far as molecular size vs, standard oils. I recall one of the issues with synthetic oils when they first came out, is that you would see more leaking past seals in older cars. This typically wasn't because of damage to the seal, but the smaller molecule would seep past worn/poor seals. Thee are different opinions as to the effect of synthetic oils on some older seals. Swelling can occur from penetration/absorption of the oil into the seal, shrinkage from extraction of solubles from the seal. The effect on seals is dependent on the molecular size/type, larger, the larger more branched chain and non-polar cause less changes to seals. Non-synthetic oils are typically a heterogeneous mix of oils to give a specific viscosity, I would suspect this may be the case using a turbine R&O oil which is designed for very high operating RPM, which would typically be oil with a more narrow molecular structure variation similar to synthetics, although molecularity quite different. This could cause more seepage.
https://www.machinerylubrication.com/Read/30161/understanding-synthetics-differences
Since a gallon of Mobil DTE gear oil is inexpensive, it may be worthwhile to switch and see if there is a difference. You can use some Teflon tape around the threads of the upper fill plug and also the drain plug.