Two methods from another website... I have tried the second one and it worked very well.
1. "he wife bought a cookbook from The Palms restaurant, and they give a method to cook steaks, when a commercial broiler or charcoal grill, is not available. They maintain that a home broiler is basically only hot enough to steam the juices right out of a steak, as they cannot sear the meat quickly enough to seal them in. Tried it with a couple of New Yorks this evening, and damned if it wasn't one of the best steaks I've ever cooked!
Pat the steaks dry, rub with a little olive oil, and let them set at room temp for a couple hours. Get a heavy skillet(I used a LeCreuset coated cast iron) on high heat. Season with S&P, and place seasoned side down in skillet, and don't move it for 2-1/2 minutes. Season the top side, and gently turn it over, and again, don't move it for 2-1/2 minutes. Remove the steaks to a rack, and let them sit for 30-60 minutes(I did 45). Place the steaks back in the same skillet, and into the oven, which has been pre-heated to 425. Bake for 10 minutes to finish the steaks med-rare. Put steaks back on the rack to rest for 8 minutes, and serve.
What impressed me, was when plated, there wasn't a puddle of juices on the plate. When you cut a bite of steak, the meat was juicy as hell, but it didn't bleed all over the plate. It turned out basically perfect.
The method was news to me, and it sure did work. Great foul weather alternative to the grill."
2. "I read recently about how big steak places actually cook their steaks. It goes something like this:
Preheat your oven to 450*
Take an oven proof skillet and put a little oil in it and get it HOT. Season your steak as you like it and then put it in the hot skillet and sear it a couple of minutes per side to seal in the juices. Then move it to the oven and let it cook 5-7 minutes for rare, 8-10 minutes for medium and so on.
I tried it and it was the best steak I remember ever eating. I buy my steaks (rib-eyes) at Sam's in Montgomery and they are huge. They cost less than $8/pound and are delicious.
Does anybody else cook their steaks this way? I may never use my grill again."