TIG weld? With the size of the casting and if it was still bolted together, you would really have to turn up the heat to battle heat loss. It works best to use a torch to preheat the area but that works best disassembled. Any oil seeping through the hole also contaminates the weld and the hole may become worse. I would try JB weld first...clean it good (brake cleaner and air compressor)...force some JBW into hole by smearing with finger, then make cap.
Do NOT use brake cleaner when welding!
Arc Welding 11: Cleaning material with brake cleaner before welding