Preheat oven to 350°F.
Heat olive oil in a skillet over medium-high heat.
Season pork chops with salt, black pepper, garlic powder, and onion powder.
Sear pork chops for 2 minutes per side until golden brown.
In a greased 9x13-inch baking dish, spread the uncooked rice evenly.
In a bowl, mix chicken broth, cream of mushroom soup, and dried thyme.
Pour the mixture over the rice and stir to combine.
Place the seared pork chops on top of the rice.
Cover tightly with foil and bake for 50 minutes.
Remove the foil and bake for an additional 10 minutes until the rice is tender.
Let rest for 5 minutes before serving.