someguy3 , 6 hours ago

The reserves uncovered contain around 511 billion barrels worth of oil, equating to around 10 times the North Sea’s output over the last 50 years.

According to documents discussed in U.K. parliament last week, the discovery was made by Russian research ships in the Weddell Sea, which falls under the U.K.'s claim in Antarctic territory. That claim overlaps with those of Chile and Argentina.

So in the water, not the land.