Preheat oven to 450 degrees F.
Heat a heavy bottom skillet over medium-high heat. Once the skillet is nice and hot, add about 1 tbsp of oil. Let the oil heat up for at least 1 minute.
Pat dry the steaks with a paper towel.
Season the steaks generously with salt and pepper on both sides. Add the steaks to the skillet and cook for 3 minutes on each side.
Place the steaks in the oven and cook for 7 minutes or until it reaches an internal temp of 135 degrees F for medium-rare. Remove the steaks from the oven, cover them with aluminum foil, and let them rest for at least 10 minutes.
While the steaks rest, prepare the mushroom sauce. Add butter to a large skillet and cook over medium-high heat. Stir in the mushrooms and cook for 3 minutes. Stir in the thyme, garlic, Worcestershire sauce, and red crushed pepper and cook until fragrant.
Add the heavy cream and parmesan cheese. Season lightly with salt and pepper. Remember the steaks are seasoned very generously.
Cook the sauce until nicely thickened, check for seasoning and serve over the steaks. Enjoy!