Undoubtedly, it's a small number. However, to do an in-water lockout seems extreme. The in-water lockout is basically the computer telling the diver to "F off" you are on your own. I can only really think of a few reasons to do that.
1. Hardware limitation of the software. Seems unlikely, but I guess possible. In this case, the sensor is determined not to be accurate at that depth, so using the inputs of the sensor for calculating tissue loading is probably not going to work to well.
2. Space limitation for the app. Oceanic didn't have the space to implement the full algorithm, so they cut it at 144'. I don't think cutting at 144' is going to save a ton of storage space, so I don't think this is likely either.
3. A business decision to clearly not advise going beyond 130', and penalize strongly if continued. Oceanic's other computers don't do this to my knowledge. While this seems most likely, it still seems odd.
Thanks for posting this. While it shouldn't happen, it does happen. What's even worse, though is what would have happened had you been diving an AW Ultra with Oceanic+. You would lose your depth once you descended below 130'. Then, in the case here where the bottom was at 149', you wouldn't know you reached this depth. Even worse, once you got control and ascended above 130', your depth would display, but you would find that you wouldn't have any decompression recommendations on the computer. It would just give you time and depth. That's got to be a bit disconcerting knowing you went off plan, went pretty deep, and have no idea, if you've exceeded NDL, or what stops you need during ascent.