The estate is located in the commune of Léognan Pessac-Léognan
(Bordeaux). Both white wine and red wine are classified as "Cru Classé". The origin goes back to land ownership in the 12th century. It got its current name through the marriage of a Pierre Pernel to a daughter of the Lords of Olivier. After several changes of ownership, the property was acquired by the Bethmann family in 1886. It was managed by the Eschenauer trading house for over 70 years before the family took over the management again in 1981. Today it is run by Jean-Jacques de Bethmann. The total property covers 220 hectares, of which only 50 hectares are planted with vines. That is 38 hectares with the red varieties Cabernet Sauvignon (45%), Merlot (45%) and Cabernet Franc (10%), as well as 12 hectares with the white varieties Sémillon (55%), Sauvignon Blanc (40%) and Muscadelle (5% ). The red wine is aged for 18 months and the white wine for three months in one third of new barriques. The second wine is called "La Seigneurie d'Olivier du Chateau Olivier".