Pat the ribeye steak dry with paper towels. This helps ensure a good sear. Then generously season the steak on all sides with salt and freshly ground black pepper. Don't be shy with the seasoning; it enhances the flavor.
1 thick-cut boneless ribeye steak*, Kosher salt and freshly ground black pepper
Place your cast iron pan on the stovetop and add the oil. Heat it over high heat until it starts to smoke slightly. This ensures a hot surface for a perfect sear.
3 tablespoons vegetable oil
Carefully add the seasoned ribeye steak to the hot pan and make sure it makes good contact with the hot pan. Cook for 2 minutes on one side without moving it.
Flip the steak and cook for another 2 minutes on the other side.
After searing both sides, sear each edge of the steak for about 1 minute to develop a beautiful crust all around.
Reduce the heat to medium-low and add the unsalted butter, smashed garlic cloves, and thyme sprigs to the pan. As the butter melts, tilt the pan slightly and use a spoon to baste the steak continuously with the melted butter. Cook for about 3-4 minutes. Flip the steak every 20 seconds during this process. Basting and flipping help ensure even cooking and flavor infusion.
3 tablespoons unsalted butter, 4 cloves garlic, 3 sprigs fresh thyme**
Use an instant-read thermometer to monitor the internal temperature of the steak. Remove it from the pan when it reaches about 15°F below your desired doneness because the steak will continue to cook as it rests.
Transfer the cooked ribeye steak to a cutting board and let it rest for about 5 minutes. This resting period allows the juices to redistribute within the meat.
After resting, slice the ribeye steak against the grain into your preferred thickness. Serve immediately and enjoy!