I tried the two IsolationLevel allowed by Oracle (ReadCommited and Serializable), none lock the record. Unless, I make another error. When you try this : 
Transaction transManager = new Transaction(IsolationLevel.ReadCommitted, "myFristTrans");
            MigrationStepsEntity mse = new MigrationStepsEntity();
            transManager.Add(mse);
            mse.FetchUsingPK(1200);
            mse.ErrorCode = 1;
            mse.Save();
and that you activate the trace through the app.config file :
<configuration>
  [...]
 <system.diagnostics>
    <switches>
      <add name="SqlServerDQE" value="3" />
      <add name="AccessDQE" value="4" />
      <add name="OracleDQE" value="4" />
      <add name="FirebirdDQE" value="4" />
      <add name="MySqlDQE" value="4" />
      <add name="DB2DQE" value="4" />
      <add name="PostgeSqlDQE" value="4" />
      <add name="ORMGeneral" value="4" />
      <add name="ORMStateManagement" value="4" />
      <add name="ORMPersistenceExecution" value="4" />
    </switches>
  </system.diagnostics>
</configuration>
You will get this output :
Method Enter: TransactionBase.CTor
:   Transaction name: myFristTrans. Isolation level: ReadCommitted.
Method Exit: TransactionBase.CTor
'EnsystaImporter.vshost.exe' (Managed): Loaded 'C:\MIS_DEV\DOTNET.1XX\EnsystaIntegrator\VisualStudio\EnsystaImporter\bin\Debug\SD.LLBLGen.Pro.DQE.Oracle10g.NET20.dll', No symbols loaded.
Method Enter: DaoBase.PerformFetchEntityAction
Method Enter: CreateSelectDQ
Method Enter: CreateSelectDQ
Generated Sql query: 
    Query: SELECT "ENSYSTA_IMPORT"."MIGRATION_STEPS"."MIGRATION_STEP_ID" AS "MigrationStepId", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."DESCRIPTION" AS "Description", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."STEP_CLASS" AS "StepClass", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."STATUS" AS "Status", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."ERROR_CODE" AS "ErrorCode", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."ERROR_MESSAGE" AS "ErrorMessage" FROM "ENSYSTA_IMPORT"."MIGRATION_STEPS" WHERE ( "ENSYSTA_IMPORT"."MIGRATION_STEPS"."MIGRATION_STEP_ID" = :MigrationStepId1)
    Parameter: :MigrationStepId1 : Int64. Length: 0. Precision: 0. Scale: 0. Direction: Input. Value: 1200.
Method Exit: CreateSelectDQ
Method Enter: DaoBase.ExecuteSingleRowRetrievalQuery
Executed Sql Query: 
    Query: SELECT "ENSYSTA_IMPORT"."MIGRATION_STEPS"."MIGRATION_STEP_ID" AS "MigrationStepId", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."DESCRIPTION" AS "Description", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."STEP_CLASS" AS "StepClass", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."STATUS" AS "Status", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."ERROR_CODE" AS "ErrorCode", "ENSYSTA_IMPORT"."MIGRATION_STEPS"."ERROR_MESSAGE" AS "ErrorMessage" FROM "ENSYSTA_IMPORT"."MIGRATION_STEPS" WHERE ( "ENSYSTA_IMPORT"."MIGRATION_STEPS"."MIGRATION_STEP_ID" = :MigrationStepId1)
    Parameter: :MigrationStepId1 : Int64. Length: 0. Precision: 0. Scale: 0. Direction: Input. Value: 1200.
If you take a look to the generated queries, you will see that, even a transaction is started, the record is NOT locked.