Heat 1 tablespoon oil in Instant Pot on SAUTÉ function. Place ground beef in pot. Stir and cook 5 minutes or until cooked, drain excess fat. Add water. Pour in tomatoes, beans, tomato sauce and Seasoning Mix. Close lid. Set Valve to Seal.
Set to cook for 10 minutes on MEAT/STEW function. When done, quick release the pressure. Open the lid once pressure inside the pot is completely released. (Check manufacturer’s manual for safe operating instructions.)