J - Is it hydaulic oil or tranny lube that's leaking out from the inspection cover?
My guess it's leaking tranny oil out of the transmission front seal - or both front seals if your SM has a belly pump.
Fortunately the seals are inexpensive. And they can be replaced from underneath without splitting the tractor.
The transmission holds a LOT of oil (13+ gallons). Once the lube level falls below the countershaft gears the rate of leakage should slow way down. The bull gears running in the large "sump" at the rear of transmission should still throw up enough oil to keep it adequately lubed for a 2 mile ride home.
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Today's Featured Article - Identifying Tractor Noises - by Curtis Von Fange. Listening To Your Tractor : Part 3 - In this series we are continuing to learn the fine art of listening to our tractor in hopes of keeping it running longer. One particularly important facet is to hear and identify the particular noises that our
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