+1 to what kdjones2000 said. Front engine reseal will likely fix the issue. If I were to guess, the lower balance shaft seal - but too hard to tell with these photos only.
Other possibilities besides front engine reseal could be lower balance shaft cover, oil pan gasket, oil cooler lines, OPRV housing seal
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Tyler from Wisconsin, 1989 944 S2 on Megasquirt PNP
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