yep that or you can install
OBMM run the program, at the bottom hit create, new window pops up on the right hit add archive, give it a minute to load in then make a name for it at the top. when thats done hit create omod in the window it will take a minute and you will eventually see a compressing loading bar, when its done it will be in the main window. double click that and it will uncompress and install. launch oblivion and enjoy.