I did some more digging, and I found the original tech bulletin that made me go get the newer fixed orifice style valve. The GM Part number for the valve is: 12572717
Here is the entire bulletin, But it is dated 2002.
Document ID# 901494
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Subject: Higher Than Expected Engine Oil Consumption (Replace PCV Valve) #01-06-01-029B - (07/19/2002)
Models: 2002 Chevrolet Avalanche
1999-2002 Chevrolet Silverado, Suburban, Tahoe Models
2002 Cadillac Escalade, Escalade EXT
1999-2002 GMC Denali, Sierra, Suburban, Yukon Models
with 4.8L, 5.3L or 6.0L Engine (VINs V, T, N, U -- RPOs LR4, LM7, LQ9, LQ4)
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This bulletin is being revised to clarify the parts information. Please discard Corporate Bulletin Number 01-06-01-029A (Section 06 -- Engine/Propulsion System).
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Condition
Some customers may comment on higher than expected engine oil consumption. They may further comment on consumption in the range of 3,200 km (2,000 mi) or less per quart (0.946 liter) of oil under normal driving conditions.
Cause
The condition may be due to the positive crankcase ventilation (PCV) valve flow rate under certain engine operating conditions.
Correction
Verify that the oil consumption is not the result of an oil leak or other engine concern.
The dealer should perform an oil consumption test. The vehicle should have accumulated over 6,450 km (4,000 mi) before establishing the oil consumption rate. Reference Corporate Bulletin Number 01-06-01-011, Information on Engine Oil Consumption Guideline, for details.
Remove the PCV valve and inspect the hose going to the intake manifold for signs of excessive oil being present.
If excessive oil is present in the PCV hose, replace the PCV valve (Type 948C) (2) with a new-style fixed orifice PCV valve, GM P/N 12572717(1). See the illustration below.
PCV Valve Identification
(1) New style fixed orifice PCV Valve
(2) Spring and plunger style PCV Valve (Type 948-C)
Important: The new style fixed orifice PCV valve contains no moving parts, and does not rattle when shaken.
If the vehicle has an orifice style PCV valve, investigate other causes for high oil consumption.
Parts Information
Part Number
12572717
Description
PCV Type CV2001-C
Parts are currently available from GMSPO.
Warranty Information
For vehicles repaired under warranty, use:
Labor Operation
Description
Labor Time
J6000
Valve, PCV - Replace
Use published labor operation time
GM bulletins are intended for use by professional technicians, NOT a "do-it-yourselfer". They are written to inform these technicians of conditions that may occur on some vehicles, or to provide information that could assist in the proper service of a vehicle. Properly trained technicians have the equipment, tools, safety instructions, and know-how to do a job properly and safely. If a condition is described, DO NOT assume that the bulletin applies to your vehicle, or that your vehicle will have that condition. See your GM dealer for information on whether your vehicle may benefit from the information.
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Document ID# 901494