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The possible sources of oil leak on the right side of the engine are plenty, from front cam seal, front crank seal, oil pump seal and O-ring seal, each of them can cause an oil leak. However, when there is an oil leak in that area of the engine, the usual practice would be to replace every item in that area regardless of which one is leaking because it is just too much work involve if you have to go back in to repair other leaks. There DIY threads, that you can check into for exactly that.
Depending on how long the smoke last during the morning start up, and how thick it is, it is possible you may have valve seal problem, which may have contribute to your oil consumption. For 140k, it is not unusual.
You have to determine which one is actually causing your oil consumption, like toyomoho said, take a closer look at the oil leak. If it is the main cause, it would be dripping wet around that area, otherwise, you may have an internal oil consumption problem. You can take some pictures of the area, so we can see how it looks, and give you some input.
N.E.O.
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