Are you using OBSE? If so, what plugins are you using? If you're using Oblivion Stutter Remover, disable heap replacement is the above doesn't work. Heap replacement causes BSODs in my game if it's enabled.
Active Mod Files:00 Oblivion.esm01 Jog_X_Mod.esm02 Francesco's Leveled Creatures-Items Mod.esm [Version 4.5bSI]03 Francesco's Optional New Items Add-On.esm [Version 4.5bSI]04 Cobl Main.esm [Version 1.73]05 Oscuro's_Oblivion_Overhaul.esm [Version 1.34]06 Mart's Monster Mod.esm [Version 3.7b3p3]07 FCOM_Convergence.esm [Version 0.9.9MB3]08 Armamentarium.esm [Version 1.35]09 Artifacts.esm [Version 1.1]0A Better Cities Resources.esm [Version 4.9.5]0B Unofficial Oblivion Patch.esp [Version 3.3.5]0C Oblivion Citadel Door Fix.esp0D DLCShiveringIsles.esp0E Unofficial Shivering Isles Patch.esp [Version 1.4.2]0F Better Cities .esp [Version 4.7.0]10 Francesco's Optional Chance of Stronger Bosses.esp11 Francesco's Optional Chance of Stronger Enemies.esp12 Francesco's Optional Chance of More Enemies.esp13 Francesco's Optional Leveled Guards.esp++ FCOM_Francescos.esp [Version 0.9.9]++ FCOM_FrancescosItemsAddOn.esp [Version 0.9.9]14 FCOM_FrancescosNamedBosses.esp [Version 0.9.9]15 ClocksOfCyrodiil.esp16 ClocksOfCyrodiil_BC_OBC_OC_OCLR_Vanilla.esp++ Item interchange - Extraction.esp [Version 0.78]17 Enhanced Economy.esp [Version 5.2.2]18 Streamline 3.1.esp19 DLCHorseArmor.esp1A DLCHorseArmor - Unofficial Patch.esp [Version 1.0.6]1B DLCOrrery.esp1C DLCOrrery - Unofficial Patch.esp [Version 1.0.4]1D DLCVileLair.esp1E DLCVileLair - Unofficial Patch.esp [Version 1.0.6]1F DLCMehrunesRazor.esp20 DLCMehrunesRazor - Unofficial Patch.esp [Version 1.0.5]21 DLCSpellTomes.esp++ DLCSpellTomes - Unofficial Patch.esp [Version 1.0.1]22 DLCThievesDen.esp23 DLCThievesDen - Unofficial Patch.esp [Version 1.0.9]++ MMM_Runeskull_Rebalance_BETA2.esp [Version Beta]24 Cobl Glue.esp [Version 1.73]25 Cobl Si.esp [Version 1.63]26 Bob's Armory Oblivion.esp27 FCOM_BobsArmory.esp [Version 0.9.9]28 Oblivion WarCry EV.esp [Version 1.09]29 FCOM_WarCry.esp [Version 0.9.9MB3]2A Oscuro's_Oblivion_Overhaul.esp [Version 1.34]++ OOO-Water_Weeds.esp [Version 1.33]** OMOBS_SI.esp [Version 2.0]++ ArmamentariumLLVendors.esp [Version 1.35]2B ArmamentariumArtifacts.esp [Version 1.35]2C OOO 1.32-Cobl.esp [Version 1.72]2D Mart's Monster Mod - Additional Enemy NPC Vars.esp [Version 3.7b3p3]2E FCOM_Convergence.esp [Version 0.9.9Mb3]++ FCOM_EntropicOrderRebalance.esp [Version 0.9.9beta2]2F FCOM_RealSwords.esp [Version 0.9.9]30 FCOM_DurabilityAndDamage.esp [Version 0.9.9]31 Mart's Monster Mod - More Wilderness Life.esp [Version 3.7b3p3]32 Mart's Monster Mod - Extra Wounding.esp [Version 3.7b3p3]33 Mart's Monster Mod - Dungeons of MMM.esp [Version 3.7b3p3]34 Mart's Monster Mod - Hunting & Crafting.esp [Version 3.7b3p3]35 Mart's Monster Mod - Farm Animals.esp [Version 3.7b3p3]36 Mart's Monster Mod - Diverse WaterLife.esp [Version 3.7b3p3f]++ Mart's Monster Mod - Slof Horses Complete.esp [Version 3.7b3p3]++ Mart's Monster Mod - Diverse Runeskulls Loot.esp [Version 3.7b3p3]++ FCOM_DiverseGuardUnity.esp [Version 0.9.9]++ FCOM_HungersUnitySI.esp [Version 0.9.9]++ Mart's Monster Mod - Shivering Isles.esp [Version 3.7b3p3]++ ArmamentariumLL4OOO.esp [Version 2.01]++ ArmamentariumLLMagicOOO.esp [Version 1.35]37 OOO-WaterFish.esp [Version 1.34]++ MMM-Cobl.esp [Version 1.73]38 Artifacts.esp [Version 1.1]++ Artifacts - ArmaCompleteAddon.esp [Version 1.0]39 JolardHome.esp [Version 4.7.0]3A Scribe Supplies.esp3B thievery.esp3C thievery - EE patch.esp [Version 4.2]3D VaultsofCyrodiil.esp3E VaultsofCyrodiilBC.esp3F DLCBattlehornCastle.esp40 DLCBattlehornCastle - Unofficial Patch.esp [Version 1.0.5]41 DLCfrostcrag.esp42 FrostcragRebornCobl.esp43 Ungarion1TheWelkyndSword.esp [Version 1.4]44 Blood&Mud.esp45 Blood&Mud - EE patch.esp [Version 4.2]46 The Mystery of the Dulan cult.esp++ FCOM_WelkyndSwordBlood&Mud.esp [Version 0.9.9]47 FCOM_DulanCult.esp [Version 0.9.9]48 bartholm.esp49 bartholm - EE patch.esp [Version 4.2]++ Item interchange - Placement for FCOM.esp [Version 0.78]++ Item interchange - Placement for Frostcrag Reborn.esp [Version 0.78]++ Item interchange - Option, Ingredients in Bulk.esp [Version 0.78]4A bgBalancingEVCore.esp [Version 10.0EV-L]4B Better Cities Full - B&M Edition.esp [Version 4.9.5]4C Better Cities - VWD of the IC.esp [Version 4.7.0]4D Better Imperial City.esp [Version 4.9.5]4E Better Cities - Thievery.esp [Version 4.8.0]4F Better Cities - COBL.esp [Version 2.1]++ Better Cities - Open Better Cities.esp [Version 4.9.5]** FCOM_Archery.esp [Version 0.9.9]++ Cobl Filter Late MERGE ONLY.esp [Version 1.53]50 Bashed Patch, 0.esp