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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.
Instructions. 1  Place your steaks on the counter 20 minutes before cooking them. 2  Place a skillet in the oven and preheat to 500 degrees. 3  Remove the skillet to the stove top on high heat. 4  Move the steaks (pan and all) into the 500 degree oven. 5  After 2 minutes, flip the steaks, and roast for 2 more minutes. Remove from the oven, cover the pan with foil for 2 minutes. The steaks continue to cook, but come to a rolling stop on rising temperature. Serve with the very littlest pat of butter on the top of each (optional).