Dab meat dry. Heat oil in a pan. Season meat with salt and pepper and fry it all around. Remove and place on the fat pan of the oven.
Wash and peel the asparagus and cut off the woody ends. Add the asparagus to the meat on the baking tray. Pour olive oil and 3 tablespoons of water over the asparagus and mix. Wash the thyme and shake dry.
Add thyme to the asparagus, season with salt and pepper. Bake asparagus and meat in a preheated oven (electric cooker: 175 °C/ convection oven: 150 °C/ gas: see manufacturer) for approx. 20 minutes.
Wash, clean and cut the rhubarb into pieces. Melt butter in a pan. Sauté the rhubarb for about 4 minutes, then remove about half of the pieces. Add 4 tablespoons of water and 1 tablespoon of sugar and simmer for 3-4 minutes.
Turn off the oven. Remove meat from the tray and wrap in aluminium foil. Let meat rest for at least 5 minutes. Add rhubarb pieces to the cooked rhubarb, season with salt, pepper and a little sugar.
Cut the meat into chops and put them on the tray with the asparagus. Add the rhubarb compote.