Here is the same photo with an arrow.
This will drain the oil in the tank.
There will be some oil in the filter.
There will a little oil in the oil lines and in the sump.
I would not drain the sump because you could create an air gap.
I would just drain the filter housing when you change the filter, and the oil tank.
Or just follow the instructions in the workshop manual.
On a Roadstar Adventure.