Performance in Latin America during the first quarter proved to be strong for Halliburton Co. and Weatherford International plc, with each reporting double-digit revenue gains from a year ago.

The oilfield services giants joined SLB Ltd. and Baker Hughes Co. in reporting their quarterly results. SLB reported a 2% gain in sales year/year across its Latin American operations. 

Of the four big OFS operators, only Baker Hughes saw Latin American revenues decline, down by 4% year/year.

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The timing for the next leg of growth in North America remains uncertain, but there’s “no question” that natural gas...