Saute rice in vegetable oil for 2 minutes. Add water, bring to a boil.
When water begins to boil, turn the heat to simmer and cover for 15 minutes.
Turn heat off completely, leave lid on, and remove from burner. Let sit for 30 minutes.
Mix together salt and lime juice, you want the salt to dissolve.
Pour salt/lime over rice, mix around. Add cilantro and toss.