Extracción de subcadena de cadena dada

Una expresión regular un poco más fácil:

SQL> with t as
  2  ( select 'maxo_instr_interface' as txt from dual union all
  3    select 'maxis_vendor_interface' from dual union all
  4    select 'maximos_emps_interface2' from dual
  5  )
  6  select txt
  7       , regexp_substr(txt,'[^_]+',1,2)
  8    from t
  9  /

TXT                     REGEXP_SUBSTR(TXT,'[^_]
----------------------- -----------------------
maxo_instr_interface    instr
maxis_vendor_interface  vendor
maximos_emps_interface2 emps

3 rows selected.

Saludos,
Rob.