In a large skillet, heat oil over medium heat.
Add ground meat and cook until browned, about 5 minutes, stirring occasionally to break up meat.
Add chili powder, onion powder, ground cumin, garlic powder, paprika, dried oregano and salt, stir to combine.
Add water, bring to a simmer and cook, uncovered, until liquid has evaporated, 15 to 20 minutes. Remove meat from heat.