Laminated travertine forms in and around an active hot spring on the west coast of Tamiahua Lagoon, north of the state of Veracruz, Mexico. Fluid chemistry is characterized by discharging slightly acidic pH hot water and gas at a constant flow rate. Moreover, finely interbedded mineralogical products from discharging waters at 70 °C host scattered hydrocarbons. The mineralogy and geochemistry of the travertine formations were characterized to determine their origin. Rock samples were collected and further studied by transmitted light petrography, X-ray diffraction, and EDS-coupled scanning electron microprobe. Identified mineralogy from outcrop samples includes aragonite, gypsum, anhydrite, and elemental sulfur as essential minerals, with calcite, celestine, barite, jarosite, opal, and fluorite as accessory minerals. Isotopic analyses for C and O were determined in carbonates, S isotope ratios on both elemental sulfur and sulfates, whereas measurements for trace elements and lanthanides were performed on carbonates. A suit of brines and condensates from gas samples was collected for H and O isotopic analyses and concentration determinations of the main ions and major and trace elements. Isotopic values of 𝜹13C and 𝜹18O of aragonite are in the range of +1.75‰ to +2.37‰ and −1.70‰ to −0.78‰, respectively. The 𝜹34S isotopic values of native sulfur and sulfates ranged from −4.0‰ to +1.2‰. The isotopic values of 𝜹2H (−5.50‰) and 𝜹18O (+7.77‰) of hot water samples collected in terraces where aragonite precipitates suggest a mixture between meteoric water and the Gulf of Mexico oil-field related waters. It was concluded that the aragonitic formations near Tamiahua Lagoon are hypogenic and were generated by CO2 and H2S emanations of deep origin and by oxidation-reduction reactions that can be linked to surficial bacterial activity.