Make the cowboy butter

• Mix the softened butter with the garlic, parsley, chives, lemon juice, Dijon mustard, smoked paprika and cayenne pepper.
• Season with salt and black pepper and stir until well combined.

Season the steak

• Pat the steak dry and season generously with salt and black pepper on both sides.
• Rub with olive oil.

Sear the steak

• Heat a frying pan over high heat until very hot.
• Sear the steak on each side until deeply browned, about 3 to 4 minutes per side for medium-rare.
• Use tongs to sear the edges as well.

Rest and serve

• Transfer the steak to a board and let it rest.
• Slice against the grain and top with the cowboy butter so it melts over the meat.