I think that 1L/min is probably excessive in most cases. You want to find a flow rate where bubbles just barely reach the surface, and you don't have a lot of them breaking the surface making foam. (For me, in a ~6 gallon batch, that's under 0.2L/min, but it will differ for you.) Oxygen that's breaking through the surface isn't getting dissolved, obviously; you want your O2 dissolving before it has a chance to escape. Then the question is how long to run it. You could buy a Dissolved O2 meter for big $$ and oxygenate until you hit a certain arbitrary level. Or more practically, you could just do this empirically. Give your wort an arbitrary minute or two of oxygen, and only adjust your procedure if fermentation performance seems to warrant it.