A method for producing a blown and stripped biorenewable oil is provided. The method may include the steps of (a) heating a biorenewable oil to at least 90° C.; (b) exposing an oxygen containing stream to the heated oil to produce a blown oil having a viscosity of at least 40 cSt at 40° C.; (c) adding a base metal catalyst to the blown oil; and (d) stripping the blown oil from step (c) until the stripped oil has an acid value of from about 1 mg KOH/g to about 20 mg KOH/g; wherein the stripped oil from step (d) has a flash point of at least 220° C.