yeah,. it can be done. safely without chance of oil spill..but yeah. you have to get a super long oil hose.. about 6 feet if possible and there is a place you can connect it to your oil drain bolt. you may have to get a t way, or three way splitter, but you can get all that at pep boys!
although its kinda a hassle to do all this so i just went with the voltometer and the air fuel ratio gauge.