Pat prime rib dry with paper towels on all sides. Season liberally on all sides with pepper rub and allow to come to room temperature, about 30 minutes.
Preheat oven to 250 degrees F.
In a large cast iron pan, add grapeseed oil and bring to medium-high heat.
Sear prime rib on all sides until golden brown all over, about 2 to 3 minutes on each side.
Place seared prime rib on wire rack lined baking sheet, place in oven and refer to Omaha Steaks cooking chart for cook time and desired doneness. Use meat thermometer to ensure accurate doneness. Cook prime rib until internal temperature is 10 degrees below desired cooking doneness (we recommend medium-rare).
Rest prime rib for 15 to 20 minutes. Slice to desired thickness.
Serve with crushed potatoes and creamy horseradish sauce.