Preheat oven to 350º.
Line a baking sheet with parchment paper and set aside.
Stir together oats, flour, baking soda, baking powder, and salt in a medium bowl and set aside.
Using an electric mixer, mix sugar, butter, and peanut butter on medium-high until pale and fluffy.
Mix in eggs and vanilla.
Reduce speed to low and add in oat mixture.
Mix until just combined.
Mix in chocolate chips.
Drop 1.5 inch balls of dough on baking sheet, spaced 2 inches apart.
Bake cookies until golden brown, 13-15 minutes.
Rotate baking sheet halfway through baking.
Let cookies cool at least 5 minutes before transferring off of cookie sheet.