Depends on the conditions, I’d say. If you have an area that has low oxygen and high saline concentration, one could potentially preserve large parts of the carcass. A big challenge though is the substances brought by the carcass itself, like enzymes and bacteria that are not directly exposed to the oxygen-deficient saline-abundant water, which can thrive and remain active for a long period of time. However, if this carcass sinks to incredible depths, where the pressure is really high, temperature is a constant 4 degrees, very low concentration of scavengers or thriving organisms, and potentially sinks a bit into the sediment for a long time, you’ll essentially get pickle juice fossil fuel.