Creating the Sizzling Cowboy Butter Steak is straightforward if you follow these simple steps:

1. Prepare the Cowboy Butter: In a bowl, combine the softened butter, parsley, chives, cilantro, minced garlic, smoked paprika, cayenne pepper, salt, and black pepper. Mix until well combined and set aside.

2. Bring the Steaks to Room Temperature: Take the ribeye steaks out of the refrigerator and let them sit at room temperature for about 15 minutes. This ensures even cooking.

3. Season the Steaks: Generously season both sides of the steaks with salt and black pepper.

4. Heat the Skillet: In a cast-iron skillet or heavy-bottom pan, heat the olive oil over medium-high heat until it starts to shimmer.

5. Sear the Steaks: Carefully place the steaks in the hot skillet. Sear for about 4-5 minutes on one side without moving them to achieve a nice crust.

6. Flip the Steaks: Use tongs to flip the steaks and cook the other side for an additional 4-5 minutes for medium-rare. Adjust cooking time according to your preferred doneness.

7. Add Cowboy Butter: In the last minute of cooking, add a generous spoonful of the prepared cowboy butter on top of each steak. Allow it to melt into the steak.

8. Rest the Steaks: Once cooked to your liking, remove the steaks from the skillet and transfer them to a cutting board. Let them rest for about 5 minutes to retain their juices.

9. Serve the Steaks: Place the steaks on a serving platter. Drizzle any remaining melted cowboy butter from the skillet over the top.