So I was able to strip this philips screw out (circled in red) now what? Do I try to get a tap in there? Just drill it out?

 

Don't drill it.

 

If you know of someone with a welder, they can tack a small "bar" onto it and you can use that to turn the screw and get it out. Really, that is your only option other than *trying* to drill it out, but with the surrounding metal being aluminum, your chances of butchering it are great.

Take it to a shop with a welder and have them tack a small piece of metal to the top of the screw, and use that to turn the screw.

Has this happen to me, took it to a place and they charged me $20 to do it.

 

If the hole is stripped you could try and retap it but the results may be questionable. A helicoil or that Permatex epoxy thread repair may work too.

A little hint...a 1/4" thread is about .02" larger than M6. You can cheat and tap it for 1/4-20...you may just get lucky...

Edit: Yeah if you broke it the above method works. A nice sharp drill bit will work if you have a drill press. Use a center punch and start with a smaller bit.
But first, using a center punch, make a divot on the side of the thread and gently tap in a counter clockwise direction. Sometimes that frees things up to the point where you can just hand thread it back out. May work in a location like that, doesn't work so well for broken exhaust studs.

 

I'm not following...is the head of the screw stripped or the threads in the hole?

 

The head to the screw is stripped, Sorry for not being clear. This isnt a reverse thread type screw right?

 

I had to use a impact screw driver to get mine out. If I had that happen to me I think I would buy a new pump if at all possible. It will save you all the trouble of getting that screw out and you can sleep at night knowing you have a new pump.

 

Oh!
A: Get a cut off wheel (be careful of debris) and make a notch for a large flathead in it.
B: Drill the head out and remove the leftover stud with pliers.
C: Buy a new one!

 

$200 for a new oil pump is a little over my budget right now

 

Oh man !

 

There are tools you can used to removed stripped heads...I believe Snap-on and Craftsman sell them. FYI, when you remove this screw, find the exact size phillips head, then give it a few taps on the end of the screw driver to help break it loose. Then remove as normal. It's easy to strip it.

 

Its going to be a pain in the ***.. I would try to find someone to weld a bar the screw shouldnt be in that tight like a big bolt... Vice grip the bar and then turn...