I was doing some test runs earlier today and then I heard something pop off. Parked the car and noticed that the intercooler pipe popped off the hot side of the intercooler. I noticed a little bit of oil dripping from that pipe. I also noticed a lot of oil-drip between the j-pipe and the turbo. So should I consider the turbo finished or close to?

 

I've seen even new turbos spit some oil into the intercooler piping. If it's that bad you can always rebuild the turbo.

 

This.