$re = '/(?:https?:\/\/)?www\.youtube\.com\S+?v=\K\S+/i';
$str = 'Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry\'s standard dummy text ever since the 1500s, https://www.youtube.com/watch?v=7TL02DA5MZM when an unknown printer took a galley of type and scrambled it to make a type';
preg_match_all($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