Preheat oven to 425°.
Prepare the steaks with salt and pepper on both sides. Allow the steaks to come to room temperature.
Heat the cast iron skillet until hot over medium-high heat.
Add the olive oil to the skillet and the steaks.
Cook for 3 to 5 minutes on one side without moving. Then, flip the steak for 2 minutes. Position the steak on the side to sear the sides of the steak
After searing the steak, add the butter, garlic, rosemary, and thyme to the skillet. As the butter melts, spoon the butter over the steak. Continue cooking for 2 to 3 minutes or until you reach the desired doneness.
Transfer skillet with the steaks to the oven.
Bake in the oven until steaks are firm and lightly pink or red in the center, 8 to 10 minutes.
Remove the steak from the oven and allow to rest for 5 minutes before slicing.