Start by checking your oil pan (sump) bolts
They are likely loose and or even some missing. Tighten these up and replace the missing bolts as starting point. This is a short term helper only as I suspect you'll also discover if you inspect closely that the factory gasket is shot.
Another well known oil leak on the M30 is thru the lower front cover.

Originally Posted by
guitarist
Thanks! As it happens for some reason the lights have both started to work...weird! I now have found that the sump gasket has gone hence the oil or so I have been told! Cheers!
Bellevue WA
90 535iM - not much stock remains. 3.7 liters, ported head, cammed, 3.73 diffy, M5 brakes, MAFed, yadda yadda yadda
86 Porsche 951 - Track Toy