The estate is located in the municipality of Léognan in the area Pessac-Léognan
(Bordeaux). Both white wine and red wine are classified as "Cru Classé". The origin goes back to a land ownership in the 12th century. By marriage of a Pierre Pernel with a daughter of the Lord of Olivier, it received its present name. After several changes of ownership, the estate was acquired in 1886 by the Bethmann family. For over 70 years it was managed by the trading house Eschenauer for the owners, before the family took over again in 1981. Today it is run by Jean-Jacques de Bethmann. The total property comprises 220 hectares, of which only 50 hectares are planted with vines. This 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 matured for 18 months and the white wine for three months in each case to one third new barrels. The second wine is called "La Seigneurie d'Olivier du Chateau Olivier".