Put dry skillet in oven, then heat to 500 degrees.
Bring steak to room temperature while oven comes up to temperature. Lightly rub steak in truffle oil on all sides. Generously apply black pepper and truffle salt to all sides of steak.
ribeye steak, truffle oil, truffle salt, cracked black pepper
Once oven is 500 degrees, remove skillet from oven and place on range on high setting for five minutes.
Sear steak on skillet without moving for 30 seconds.
Flip steak and sear for another 30 seconds.
Put skillet and steak back into the hot oven for 3 1/2 minutes. Flip steak and bake for another 3 1/2 minutes.
Remove from oven and skillet and loosely tent with foil for 2 minutes.
While steak is resting put butter into the skillet along with thyme.
2 tbsp butter, 2 tsp fresh thyme leaves
Quickly toss steak on both sides in butter to coat, then put back onto cutting board and rest under foil for a few more minutes.
Slice into 1/2-inch slices and fan-out onto plate.