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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.
Season the steak with kosher salt but not pepper, as the pepper may burn while baking. Preheat the oven to 285 degrees Fahrenheit, or 250 degrees Fahrenheit if using an oven fan. Cover a pan with tinfoil to create a dripping tray. Set the steak on a grill rack, place it in the oven and set the drip tray directly beneath. Shut the oven door and set a timer for 25 minutes. Use a thermometer to check the steak's internal temperature, and remove the steak when it is just below the desired level of doneness.