In 12" skillet, cook bacon on med hi heat. Remove bacon from skillet, but leave bacon drippin/s.
Add 1 TBSP butter and diced onion. When transparent, remove from skillet.
Reduce heat to medium, lightly salt and pepper both sides of pork chops and place in skillet. Brown both sides (approx 2-4 minutes each).
Chop up bacon, and add both bacon and cooked onion to skillet.
Add 3/4 cup water (add more if you want more gravy), 1 TBSP butter, cover and simmer until cooked (5-10 minutes - but can simmer for up to 45 minutes easily).
Just before serving, mix 2 TBSP cornstarch with cool tap water (approx 1/4 cup).
Place pork chops on plates, add corn starch/water mixture to gravy/drippings in skillet and bring to quick boil stirring frequently to form thick gravy.