Hi Mark . . .
A '54 235 is on the trailing edge of a transition period. The '57 Parts Master Catalog is online at tocmp:
The Old Car Manual Project - '29-'57 Chevy Parts Master It shows a common oil pump through '55 first series engines - and then a new pump for 55-57 second series engines. No experience here but the pickup/sump arrangement could have changed along with the pump.
You are correct on the rear-main seals - the '54 oil pan is another odd duck in terms of bolt patterns and such - more in common with a stovebolt than the more modern 235 pan.
regards,
stock49