What I expected to happen was...:
Campfire smoke is rendered in front of other game textures so I expected it to block views of water when in front of water.

What actually happened was...:
The blue transparent water texture was rendered in front of the campfire smoke texture.

Steps to Reproduce:
1. Place a campfire near some water
2. Stand so that the smoke block the water from your viewpoint
3. Observe that the water renders in front of the smoke