For our 2005 Explorer the "OLM" seems is just a mileage/time counter. As long as my wife was driving it for work and errands it went "off" at 5,000 miles, less than 6 months of driving. I'm now driving it now and it doesn't reach 5,000 miles in a 6 month period, even though it's mainly highway driving, it goes of at 6 months instead of 5,000 miles. My wife's 2017 Explorer has an "iOLM" and it seems to measure off loss of 10% oil life for every 1,000 miles driven. This seems to occur whether it's a majority of summer highway travel or "everyday" travel in the fall/early winter temps.
Whimsey
Whimsey