Remove the steak from the refrigerator and let it sit at room temperature for about 30 minutes before cooking. This helps it cook more evenly.
Pat the steak dry with paper towels and season generously with salt and pepper on both sides.
In a large skillet, heat the olive oil over medium-high heat until it shimmers.
Carefully place the steak in the skillet and sear for about 4-5 minutes without moving it, until a nice crust forms.
Flip the steak and add the butter, garlic, rosemary, and thyme to the skillet.
As the butter melts, use a spoon to baste the steak with the melted butter and herbs. Cook for another 4-5 minutes for medium-rare, or longer if desired.
Remove the steak from the skillet and let it rest for 5-10 minutes before slicing. This allows the juices to redistribute.
Serve the steak sliced, drizzled with the garlic butter from the skillet.