Texas offers a graduate course on failure analysis (MSET 5150) during spring semesters. Partial requirement for the course is for students to submit a term paper based on their collected data related to a term project. Case studies are given to groups of students to work on actual failed components received from area industries. Results of their findings are presented at the end of the semester in both oral presentation form and written term paper form followed the format of a well-established technical papers. Results of such exercises allows graduate students devote skills in using scientific instruments and practice manuscript preparations for publication. This paper presents examples of a case studies done by groups of students who worked on failure analysis of components failed in an oil and gas industry. Students developed skills in utilization of scanning electron microscope (SEM), Energy Dispersive Spectroscopy (EDS), and Fourier Transform Infrared Spectrophotometry. This exercise has proven highly effective in introducing young engineers to real world problems in oil and gas industry and help them develop skills needed in performing failure analysis and steps involved.