So, I'm not sure what you mean by "out of oxygen and energy according to any phsysical mechanism" - for any patient who has ever recovered to tell a tale of an NDE, we know for a fact that their brain was constantly producing measurable electrical signals for the entire time.
I had general anesthesia 10 days ago. There was no NDE, felt like they flicked an off switch then turned me back on a few hours later.
They wheeled me from the prep room towards the OR, opened the big door, and then I was in a different room waking up from anesthesia. That’s it.
I also regularly experience sleep paralysis. That took a lot of work to get used to.
I also once semi-fainted while standing up. Felt unusually calm and care free as my head bashed against a nearby object. Fortunately it wasn’t serious.