In skillet, brown the stew meat in oil. Add salt & pepper.
After the meat is browned, add about 1.5 cups water and heat to boiling. Then turn it down and put a lid on it and cook on medium low for about 2 hours. CHECK ON THIS A LOT BECAUSE IT WILL BOIL DRY FAST IF YOU'RE NOT CAREFUL!
After 2 hours, put in potatoes and carrots and onion and cook for 45 minutes to 1 hour. Add a lot of salt & pepper.
Pour all of this in a pan.
In a shaker, shake 3 T flour and about 1.5 cups (or so) of water. Pour this in the pan, too, over the beef/vegetable mixture.
Mix up Bisquick Drop Biscuits, per the recipe on the box. Drop biscuits on top of the meat mixture.