I noticed water in my gear oil at the end of last season. After the boat has been sitting for a few months I see gear oil coming from under the prop. I pulled the prop this morning to see if this is something I can fix myself and see this. I believe the o-ring behind the bearing carrier is bad/leaking. The oil seal in the middle around the shaft looks dry. Can anyone with more experience tell me if I'm heading in the right direction?

