The synthetic PAO comment is spot on. We switched our 4 Komatsu presses to Kluber Lamora D68 about 2 years ago and gib wear dropped noticeably. More expensive per gallon but we went from re-adjusting gibs every 6 weeks to maybe every 4 months.
One thing I learned the hard way -- lube frequency matters more than lube quality. We had a press with a perfect oil spec but the auto-lube timer was set wrong and it was only firing every 200 strokes instead of every 50. Burned a gib in 3 weeks. Now I check the lube cycle counter against the stroke counter on every PM. Takes 30 seconds and has saved us twice.