The development of neuroimaging methods to detect functional oxygen extraction fraction (OEF) is crucial for understanding mechanisms of physiologic function and the underlying neuronal activities. However, dynamic measurement of the OEF is currently limited by the long acquisition time. In this study, a novel pulse sequence using a multiple-offset-spin-echo (MOSE) with an echo-planar imaging (EPI) acquisition scheme was developed to improve the temporal resolution of dynamic OEF measurements. A motor task experiment was performed for ten subjects. The OEF activation maps generated through the proposed technique and compared to traditional blood oxygenation level-dependent (BOLD) activation maps.