Drilling for oil in the Arctic

The combination of $100-plus oil and falling reserves is sparking a frenzy of oil and gas activity from Alaska to the North Pole.

1 of 9
BACK NEXT
Beacon in the snow
Beacon in the snow
A ConocoPhillips drilling rig near the Alpine field, 250 miles north of the Arctic Circle on Alaska's North Slope.
NEXT: Northern Re-explorer
Last updated August 20 2008: 12:24 PM ET
Hunting for oil beneath the ice There's a new rush for petroleum from Alaska to the North Pole. Can ConocoPhillips and other energy giants find another Saudi Arabia under the ice? (more)
Top 50Wal-Mart's on top. Which other companies made the top 50 this year? (more)
Best big companies to work for See the 33 companies that made both the Fortune 1000 and Best Companies to Work For lists this year. (more)
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.