Here's my two-cents worth......
I agree with michael about the oil gauges you have, and further agree that if your oil pressure was "0" as stated, you would have a heckuva clatter going on in the lifter/valve-train area.
Here's a little "101" on what oil pressure is:
viscosity is the oil's resistance to flow, so the higher viscosity, the higher the oil pressure would be.
At start up with a cold engine, your oil pressure should be the highest it reads on the gauge, then as the engine gradually warms up, it will drop down into what would be the "normal range" which michael referred to. The reason for that is because regular engine oils have the tendency to get thicker when they are cold, and this is why the oil pressure is higher when cold than when hot. The better oils, such as swepco, will not thicken excessively when cold, nor thin excessively when hot, but there should still be a difference in the oil pressure gauge between the cold and hot engine times.
After the engine is warmed up to normal operating temperature, there should be a definite difference between the idle oil pressure and the higher rpm pressure, the oil pressure gauge should'nt just give you one steady reading.
Dick floryanowich
swepco