In June 2016, the non-profit Burning Man Project purchased the 3,800 acres (1,500 ha) Fly Ranch, including the geyser, for $6.5 million.

[3] The geyser contains thermophilic algae, which flourish in moist, hot environments, resulting in multiple hues of green and red, coloring the rocks.

The source of the Fly Geyser field's heat is attributed to a very deep pool of hot rock where tectonic rifting and faulting are common.

[5][6] Dissolved minerals in the water, including calcium carbonate and silica, accumulated around the new geyser, creating the cones and travertine pools.

[11] The water produced by the geyser contains thermophilic algae, which flourish in moist, hot environments, coloring the rocks with brilliant hues of green and red.

[5][6] Fly Ranch is open to small, guided three-hour nature walks from April to October of each year.