oil pressure disappeared.

The FSM says the pickup should touch the bottom of the pan.
We've learned alot in 50+ years!! The actual opening as noted is what you want off the bottom of the pan. If the pickup has a button or other standoff, that serves the same function to position the opening for water issues. But on a modern (meaning current generation) prod engine, you are concerned about tolerances, noise (rattle), possible road impact damage, etc hence why they normally are not designed as such.