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Step 1
Preheat oven to 450°F.
Step 2
Using a sharp knife trim all white membrane and fat from filets.
Step 3
Wrap a slice of bacon, slightly stretching as you wrap, completely around filet and secure with a piece of cotton butcher's twine or a toothpick.
Step 4
Season heavily with salt and pepper on both sides of the filets.
Step 5
Heat a cast iron skillet or any heavy bottom skillet over medium high heat. Add the butter and oil. When it starts to slightly smoke add the steaks. Sear on each side for 2 minutes.
Step 6
Transfer the skillet and filets to the oven and roast for 6-7 minutes. Check for desired doneness (see temps below in Notes).