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1 Season the steak/s with black pepper, then allow the meat to sit at room temperature for 1 to 1-1/2 hours. 2  Preheat oven to 400 degrees F. 3  Heat the oil in a cast-iron skillet over medium-high heat or just until the oil begins to lightly smoke. Transfer the skillet to the oven and cook until an instant-read thermometer reads to desired doneness (oven cooking time will be anywhere from 5-15 minutes depending on the desired doneness of your steak --- for medium-rare 140-145 degrees and for medium 155-160 degrees.
1 Place a tablespoon of unsalted butter on each of the steaks and place the skillet directly in the oven. 2  Turn the heat down to 125 degrees Fahrenheit (51.6 degrees Celsius). 3  Cook the steaks in the oven for eight to 12 minutes. 4  Cut into one of the steaks to see if it's cooked to your taste. Place a tablespoon of unsalted butter on each of the steaks and place the skillet directly in the oven. 2  Turn the heat down to 125 degrees Fahrenheit (51.6 degrees Celsius). 3  Cook the steaks in the oven for eight to 12 minutes. 4  Cut into one of the steaks to see if it's cooked to your taste.