Could be a bunch of different spots. Could be oil drain gasket, could be oil pan gasket, could be valve cover gasket, could be shooting from the oil pressure sending unit or oil filter if they are loose enough.

Try adding some UV dye to the engine oil to try and see where it's coming from. It helps if you clean all the spots around there as well.

Get under and look at it close. You will be able to identify a leaky oil drain pretty easily. Whipe it all clean, run it, and take another look. You'll see fresh oil.

I would be careful driving around with oil soaked heat wrap on hot exhaust parts.
There's been more than a few engine bay fires from exactly that.

Its soaked pretty low on the downpipe, so its not as if it was the exhaust manny soaked in oil, but it's still hot and given the right conditions could prove hazardous.

Good luck, be careful.

I could be comming from behind the block.. there a hole about 3 inches above the oil pan and if there isn't a bolt in it... the oil shoots out... just maybe an idea..