You should also understand that the motorcycle has a dry sump oiling system, wherein the oil is stored in separate area, the frame in this case, and pumped to the lube points, then picked up and returned to the tank. Thus, the dip stick is located on the top of the frame backbone, between the steering head and the fuel tank. The engine must have been run within 10 minutes prior to checking the level, or the oil will have begun to drain back into the crankcases, and your reading will be inaccurate.
Simplified oil change procedure:
Do Not remove the oil line or frame screen. You may want to inspect it once, but it's mostly unnecessary.
- Start and run the engine for about one minute and shut down.
- Turn the front wheel to one side, and remove the drain bolt from the bottom of the square frame down tube. HOLD A PAN UP CLOSE to the drain port! Replace the bolt.
- Remove the oil filter cover and replace the filter (or clean it if using stainless mesh. do not reuse brass mesh filters) Replace the cover.
- Remove the drain bolt from the crankcase, located on the bottom of the transmission, angled toward the rear. Replace when it finishes draining.
- Refill the system at the dip stick/oil fill on the frame. Refill with 1.6 liter if you changed the filter, or 1.5 liter if you didn't
- Start the engine, run for one minute, shut down and check your oil level.
You should also read:
...and just generally check out the whole Common Threads sticky: