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Remove the steaks from the fridge and bring to room temperature, about 15-30 minutes. Trim any excess fat. Preheat the oven to 450°F. Place a large skillet in the oven while it is heating. Remove pan from oven and place on the stove over high heat.
Dry steaks with a paper towel. Then rub the oil over the steaks and generously season with salt and pepper. Once the pan is very hot place the steaks into the pan. Let each side cook for 1 minute, or until seared. Use tongs to flip.
Then place the pan in the oven for 4-6 minutes. Flip and cook the other side an additional 4-6 minutes. Check the center with a meat themometor or slice with a knife to check for doneness. You want to remove the meat 5° before it reaches the desired temp. Temperature will continue to rise while resting.
Remove pan from oven using an oven mitt and allow to rest for a couple minutes. Add a slab of butter on the top of each steak.