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Heat a large skillet over medium heat. Add the pancetta and cook until crispy, and then remove with a slotted spoon and set aside. Place the steaks into the hot pan with the pancetta drippings and cook until desired doneness, 3 to 4 minutes per side. Remove the steaks and let rest.
To make the pan sauce, return the pancetta to the skillet with the shallots and increase the heat to medium high. Deglaze the pan with the red wine and scrape up any brown bits from the bottom of the pan. Reduce the heat and let the sauce simmer until slightly reduced.
Nutrition Info (Per Serving):
Total Fat: 29 grams