The 0.96-inch OLED screen is monochromatic blue. Which means it has only blue light. You can either switch on the led to make the text blue or you can invert the in which background is blue and the text black.

The OLED uses a ssd1306 IC. Which is a 128 x 64 Dot Matrix OLED/PLED Segment/Common Driver with Controller.

The code written does not need any library to be installed.

I made the following connections

OLED		RPI Pico

SDA	->	RP0
SCK	->	RP1
VDD	->	3v3
GND	->	GND
		
Note: RP0 and RP1 are pin number 0 and 1 on the pico develeopment board.

Code

# MicroPython SSD1306 OLED driver, I2C and SPI interfaces
import machine
import time
import framebuf
import utime

# register definitions
SET_CONTRAST        = const(0x81)
SET_ENTIRE_ON       = const(0xa4)
SET_NORM_INV        = const(0xa6)
SET_DISP            = const(0xae)
SET_MEM_ADDR        = const(0x20)
SET_COL_ADDR        = const(0x21)
SET_PAGE_ADDR       = const(0x22)
SET_DISP_START_LINE = const(0x40)
SET_SEG_REMAP       = const(0xa0)
SET_MUX_RATIO       = const(0xa8)
SET_COM_OUT_DIR     = const(0xc0)
SET_DISP_OFFSET     = const(0xd3)
SET_COM_PIN_CFG     = const(0xda)
SET_DISP_CLK_DIV    = const(0xd5)
SET_PRECHARGE       = const(0xd9)
SET_VCOM_DESEL      = const(0xdb)
SET_CHARGE_PUMP     = const(0x8d)


class SSD1306:
    def __init__(self, width, height, external_vcc):
        self.width = width
        self.height = height
        self.external_vcc = external_vcc
        self.pages = self.height // 8
        # Note the subclass must initialize self.framebuf to a framebuffer.
        # This is necessary because the underlying data buffer is different
        # between I2C and SPI implementations (I2C needs an extra byte).
        self.poweron()
        self.init_display()

    def init_display(self):
        for cmd in (
            SET_DISP | 0x00, # off
            # address setting
            SET_MEM_ADDR, 0x00, # horizontal
            # resolution and layout
            SET_DISP_START_LINE | 0x00,
            SET_SEG_REMAP | 0x01, # column addr 127 mapped to SEG0
            SET_MUX_RATIO, self.height - 1,
            SET_COM_OUT_DIR | 0x08, # scan from COM[N] to COM0
            SET_DISP_OFFSET, 0x00,
            SET_COM_PIN_CFG, 0x02 if self.height == 32 else 0x12,
            # timing and driving scheme
            SET_DISP_CLK_DIV, 0x80,
            SET_PRECHARGE, 0x22 if self.external_vcc else 0xf1,
            SET_VCOM_DESEL, 0x30, # 0.83*Vcc
            # display
            SET_CONTRAST, 0xff, # maximum
            SET_ENTIRE_ON, # output follows RAM contents
            SET_NORM_INV, # not inverted
            # charge pump
            SET_CHARGE_PUMP, 0x10 if self.external_vcc else 0x14,
            SET_DISP | 0x01): # on
            self.write_cmd(cmd)
        self.fill(0)
        self.show()

    def poweroff(self):
        self.write_cmd(SET_DISP | 0x00)

    def contrast(self, contrast):
        self.write_cmd(SET_CONTRAST)
        self.write_cmd(contrast)

    def invert(self, invert):
        self.write_cmd(SET_NORM_INV | (invert & 1))

    def show(self):
        x0 = 0
        x1 = self.width - 1
        if self.width == 64:
            # displays with width of 64 pixels are shifted by 32
            x0 += 32
            x1 += 32
        self.write_cmd(SET_COL_ADDR)
        self.write_cmd(x0)
        self.write_cmd(x1)
        self.write_cmd(SET_PAGE_ADDR)
        self.write_cmd(0)
        self.write_cmd(self.pages - 1)
        self.write_framebuf()

    def fill(self, col):
        self.framebuf.fill(col)

    def pixel(self, x, y, col):
        self.framebuf.pixel(x, y, col)

    def scroll(self, dx, dy):
        self.framebuf.scroll(dx, dy)

    def text(self, string, x, y, col=1):
        self.framebuf.text(string, x, y, col)


class SSD1306_I2C(SSD1306):
    def __init__(self, width, height, i2c, addr=0x3c, external_vcc=False):
        self.i2c = i2c
        self.addr = addr
        self.temp = bytearray(2)
        # Add an extra byte to the data buffer to hold an I2C data/command byte
        # to use hardware-compatible I2C transactions.  A memoryview of the
        # buffer is used to mask this byte from the framebuffer operations
        # (without a major memory hit as memoryview doesn't copy to a separate
        # buffer).
        self.buffer = bytearray(((height // 8) * width) + 1)
        self.buffer[0] = 0x40  # Set first byte of data buffer to Co=0, D/C=1
        self.framebuf = framebuf.FrameBuffer1(memoryview(self.buffer)[1:], width, height)
        super().__init__(width, height, external_vcc)

    def write_cmd(self, cmd):
        self.temp[0] = 0x80 # Co=1, D/C#=0
        self.temp[1] = cmd
        self.i2c.writeto(self.addr, self.temp)

    def write_framebuf(self):
        # Blast out the frame buffer using a single I2C transaction to support
        # hardware I2C interfaces.
        self.i2c.writeto(self.addr, self.buffer)

    def poweron(self):
        pass







i2c = machine.SoftI2C(scl=machine.Pin(1), sda=machine.Pin(0))

pin = machine.Pin(16, machine.Pin.OUT)
pin.value(0) #set GPIO16 low to reset OLED
pin.value(1) #while OLED is running, must set GPIO16 in high

oled_width = 128
oled_height = 64
oled = SSD1306_I2C(oled_width, oled_height, i2c)

oled.fill(0)
oled.text('hallo, ', 0, 0)
oled.text('exasub.com!', 0, 10)
def toggle(i):
    if i == 0:
        i = 1
    else:
        i = 0
    return i

i=0

while True:
    i = toggle(i)
    oled.invert(i)
    oled.show()
    utime.sleep(1)