halocline
Contributor
It needs a new seat as there is a small air leak (one bubble every 3-4 seconds).
Just a guess, but I wouldn't be surprised if that slow a leak was due to a worn balance chamber o-ring/ balance chamber or some IP creep. To check, you'll need an IP gauge; just connect the reg and watch the gauge. If it slowly creeps up until a bubble emerges, then drops back down and starts over, you have a 1st stage problem. If it's a MK10, probably the piston edge is a little nicked or there's wear in the seat.
If the IP doesn't creep up, I'd suspect the leaky balance chamber. That single tiny o-ring and the plastic balance chamber might not be making an air-tight seal. The newer poppets have a back-up o-ring.