In a medium size mixing bowl, whisk together the flour, sugar, baking powder, and salt.
Add the water, vanilla extract, egg, and 2 tablespoons melted butter.
Stir until combined.
In a non-stick pan, heat 1 tablespoon butter and 1 tablespoon oil over medium to medium/low heat.
Once the butter has totally melted and the pan is hot, pour in the batter, ⅓ to ½ cup at a time. If your pan allows, you can cook multiple pancakes at once.
Once the edges are set and the centers are bubbling, flip the pancake and cook the other side.
Continue this method until you've cooked all the batter into pancakes.