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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 the steak on a cooling rack on top of the foil-lined baking sheet. 2  Place steak in oven at 275 degree until internal temp is 125 degrees (use a thermometer so you get the exact temp). 3  Remove from oven and let rest for 15 minutes.4  In a cast iron skillet on med high heat, add oil HARD sear each side. Place steak in oven at 275 degree until internal temp is 125 degrees (use a thermometer so you get the exact temp). 2  Remove from oven and let rest for 15 minutes. 3  In a cast iron skillet on med high heat, add oil HARD sear each side.