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So in the water, not the land.
What difference does it make?
The land is not supposed to be claimed by any nation. The sea, well as the article says is claimed by 3.
At the current usage rate, how long would 511 billion barrels last?
Googling says 36.4 billion barrels per year as of 2018, so 14 years.
That kind of calc isn't fair though because there's a ton of protection everywhere else.
Of course its just an estimate. I'm sure the "burn rate" will change between now and whenever it could be extracted, if that ever happens.
Oh boy UK vs Argentina rematch! I need some popcorn.