Melt butter in large pan over medium/high heat.
Stir in pasta and cook for 3 minutes while stirring or until pasta is golden brown.
Add rice, water, chicken base, red pepper flakes and Italian season.
Bring to a boil, reduce heat to low and cover.
Simmer for 15 minutes. Test rice for doneness. If rice is not yet tender, continue cooking and add water as needed.
Stir in fresh parsley and thyme. Salt and pepper to taste. Cook 1-2 more minutes or until liquid is absorbed.
Remove from heat and let sit 5 minutes.
Serve.