CNBC | First oil flows from Alaska reserve set aside in '23 CNBC Rising from the edgeless, wind-scoured, snow-covered tundra on Alaska's North Slope lies a million-pound drilling rig pulling the first commercial oil from a reserve set aside nearly a century ago. ConocoPhillips is the first oil company to draw crude ... ConocoPhillips Says Low Oil Prices Won't Stop It From Drilling In The Alaskan Arctic |