Could this be oil switch/sensor? Best case scenario? Does this automatically mean big $$$?

2002 CHEVROLET SILVERADO
100 MILES
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DET613
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2002 Chev Silverado 1500, shows low oil pressure & some noise from engine. Stopped veh immediately & called for tow. Dipstick shows oil level is fine. Was about 500 miles from scheduled oil change.
Jun 4, 2012 at 4:16 PM
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