As the U.S. shale boom sent the country’s crude production soaring over the past decade, the oilfield services companies that do everything from drilling producers’ wells and laying pipes to maintaining roads and operating software reaped big rewards.

But with the worst price crash in decades wreaking havoc on a sector that has booked tens of billions of dollars in write-downs over the past year, they are looking to turn away from the country in the clearest sign yet that the shale patch’s glory days may be over.

“North America is going to be a changed market moving forward,” said Lance Loeffler, CFO at one of the biggest services groups, Halliburton Co.. “Our view is that the international markets will take share back from a supply perspective… and we need to be prepared for that.”

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