Cream the butter and both sugars together for 2-3 minutes until light and fluffy.
Slowly add the water and vanilla, beating until the curdled mixture comes back together smoothly.
Whisk together flour, baking soda, baking powder, and salt in a separate bowl.
Mix the dry ingredients into the wet mixture until just combined.
Fold in the chocolate chips.
Chill the dough for at least 30 minutes.
Preheat oven to 350°F (175°C) and line baking sheets with parchment paper.
Scoop dough into 2-inch balls and place a few inches apart on the tray.
Bake for 12-15 minutes until edges are golden and centers look slightly underbaked.
Cool on the tray for 5 minutes before transferring to a wire rack.