Creamy Garlic Scallops

Name: Creamy Garlic Scallops
Ingredients: 1 lb scallops; salt (to taste); black pepper (to taste); 1 tbsp olive oil; 1 tbsp butter; 2 garlic cloves (minced); 3 tbsp heavy whipping cream; 2 tbsp white wine; 1/4 cup water; 1/8 tsp cayenne pepper; parsley (garnish)