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The Wall Street Journal said the oil and gas sector has raised $5.6 billion through initial public offerings this year, setting a new record.

Another $3.8 billion in planned IPOs are in the pipeline.

Before the end of this year, Plains GP Holdings LP’s has a $3 billion IPO set to go, and $800 million is expected to be raised by EP Energy Corp., Valero Energy Partners LP and Arc Partners LP.

The IPO gusher is supported by both high crude prices and expanding operations in big shale regions — the Permian Basin in Texas and the Marcellus Formation in Ohio, Pennsylvania and West Virginia.