If you heard it buzz, but didn't see a light, I'd be testing the low pressure sensor. When you turn the IGN, does the little oil light blink or not?
If the buzzer was going off for 20 seconds - I'd be very concerned. When its just a lowish oil level, as above, its just momentary, it shouldn't buzz for more than second or two. If its buzzing in a straight line, I'd be checking the oil pressure properly!