Pat the beef roast dry with paper towels to remove excess moisture, then generously season all over with salt, pepper, garlic, and thyme, pressing the seasonings into the meat.
Preheat your oven to a low temperature of 250°F (130°C). Place the seasoned roast on a wire rack set inside a baking sheet.
Insert a meat thermometer into the thickest part of the roast, making sure not to touch the bone for an accurate reading.
Transfer the beef to the oven and roast slowly, uncovered, until the internal temperature reaches about 125°F (52°C) for rare or 135°F (57°C) for medium rare, which usually takes about 1.5 to 2 hours.
Once the desired internal temperature is reached, remove the roast from the oven and tent it loosely with foil. Let it rest for 20 minutes to allow the juices to redistribute.
Preheat a cast-iron skillet over medium-high heat until it’s hot and sizzling. Carefully sear the roast on all sides for about 2-3 minutes per side until it develops a deep, golden-brown crust.
Remove the roast from the skillet and allow it to rest briefly for a few minutes before slicing to help retain its juices.
Slice the prime rib against the grain into thick slices, showcasing a beautifully tender and evenly cooked interior with a crisp, browned exterior.
Serve immediately, enjoying the juicy, flavorful meat with your favorite sides or gravy.