AmbersIndestructible Shell, Life Diverted and Wound that Heals
Deep Water is a Lantern in Cursed Hollow, a region that opens in main quest chapter 6, PUNISHMENT. An altar about 200 m away in a straight line gives the Claymore as its reward. Silent Cannons is the closest other Lantern at about 160 m, with Eerie View at about 180 m and Village Church farther off at about 900 m.
The chests nearest Deep Water hold 3 Pure Blade Material, 2 Distilled Blade Material, a Distilled Transmutation Material, an Empty Ferrofluid Flask and a Ferrofluid Flask Power Upgrade, along with the Ambers Indestructible Shell and Life Diverted. A third Amber, Wound that Heals, is also close by. 1 of the nearby chests is trapped, so approach chests here with care. Loose pickups include 8 Pistol Ammunition, 6 Legendary Catalyst Clots, 5 Nephtoglobin Vials, 4 Mythic Catalyst Clots, 3 Standard Firearm Parts, 2 Superior Firearm Parts, a Stasis Whetstone and Sands of Time. Look out for 2 notes as well, Headman's Daughter's Prayer and a Letter.