Core Insights - The oil industry has exceeded expectations over the past year by maintaining record-breaking production levels despite low crude prices [1] - Major drilling companies are bracing for a potential slowdown in production [1] Industry Performance - The oil patch has shown resilience by achieving high production rates even when crude prices were low [1] - This performance indicates a strong operational capability within the industry to adapt to challenging market conditions [1] Future Outlook - Big drillers are preparing for a slowdown, suggesting that the current high production levels may not be sustainable in the near future [1] - This preparation indicates a cautious approach to future investments and operational strategies within the industry [1]