The efficiency of the recessed source geometry for the analysis of the content of wear metals in engine lubricant oils by Energy Dispersive X-Ray Fluorescence (EDXRF) methods is calculated by a Monte Carlo simulation considering X-ray detectors of the Gas Proportional Scintillation Counter type and excitation by Cd-109, Cm-244 and Fe-55 radioactive sources. Calculated spectra for the case of a typical aircraft oil with Cu, Fe, Cr, Ti, Sn and Ag impurities in the p.p.m. range were obtained and results are presented that allow the prediction of the counting rate per mCi and p.p.m. of the impurity content. The performance of the system is discussed concerning its potential applications to in-line monitoring of the wear metals.