$re = '/^(?:[^,]*\,){7}[\s]*(?P<SOURCE_PEER_IP>[\d\w\.:\-_;]+),/';
$str = '[1508738666710] sdclab010-10-site-1,,TT-0,Diameter,ULA,2001,sdclab010-10-site-1-2_cpf1,sdclab010-10-site-1-2_cpf1:3868,DRA101.epc.mnc002.mcc250.3gppnetwork.org,10.2.37.109,,RT-0,SB-0,,outTR-0,mmec38.mmegi9bdc.mme.epc.mnc002.mcc250.3gppnetwork.org;0;1496330010;1114,4,<ULA P C316 A16777251 H3963173446 E926568828 S8><Session-Id M mmec38.mmegi9bdc.mme.epc.mnc002.mcc250.3gppnetwork.org;0;1496330010;1114/><Origin-Host M PCRF1/><Subscription-Id-Data M No Subscription Id Data/><Framed-IP-Address M No Framed Ip Address/><Product-Name Some Product Name/><Result-Code M 2001/><Origin-Realm M traffixsystems.com/><Auth-Application-Id M 16777251/></ULA>';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php