1) Preheat oven to 375 degrees. 2) In a large bowl, cream together butter, sugar and peanut butter. Beat in egg and vanilla. 3) In a separate bowl, whisk together flour, baking soda and salt. Then stir into wet mixture. Add oats, then chips. 4)Form dough into balls, place on greased (sprayed) cookie sheet. Flatten balls slightly. 5)Bake for approx 10 minutes, until edges are browned. Remove from oven, let sit for 5 minutes to cool down. Place on wire cooling rack.