FORM 10-Q

                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549

               QUARTERLY REPORT UNDER SECTION 13 OR 15(D)
                 OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 1998

Commission File No.  0-9392

                           CLX ENERGY, INC.
         (Exact name of registrant as specified in its charter)

CO                                              84-0749623
(State or other jurisdiction of                 (I.R.S. Employer
incorporation or organization)                  Identification No.)

1776 Lincoln Street, Suite 806, Denver, CO                     80203
(Address of principal executive offices)                       (Zip code)

Registrant's telephone number, including area code  (303) 894-0763

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities 
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for
the past 90 days.
                    Yes [X]  No [ ]

Indicate the number of shares outstanding of each of the issuer's
class of common stock, as of the latest practicable date.

4,054,154 shares of Common Stock, $.01 par value at May 4, 1998

<PAGE>


CLX ENERGY, INC.
March 31, 1998
INDEX
Form 10-Q
 

Part I. - Financial Information

          Balance Sheets - March 31, 1998 and
              September 30, 1997

          Statements of Operations for the six months
              and three months ended March 31, 
              1998 and 1997

          Statements of Cash Flows for the six months
              ended March 31, 1998 and 1997

          Notes to Unaudited Financial Statements 

          Management's Discussion and Analysis of
              Financial Condition and Results of
              Operations 

Part II. - Other Information

Signatures

<PAGE>
<TABLE>


CLX ENERGY, INC.
BALANCE SHEETS
March 31, 1998 and September 30, 1997
(Unaudited)

<CAPTION>
                                             March 31,    September 30, 
ASSETS:                                        1998           1997
<S>                                        <C>            <C>
Current assets:
   Cash                                    $  35,247         34,763
   Accounts Receivable:
     Trade                                     1,403         59,471
     Oil and gas sales                         7,814         12,010
                                             -------        -------
          Total current assets                44,464        106,244
                                             -------        -------
Property and equipment, at cost:
   Oil and gas properties
     (successful effort method):
       Proved                                334,599        329,732
       Unproved                               18,314         20,060
   Office equipment                            3,618          3,618
                                             -------        -------
                                             356,531        353,410
       Less accumulated depreciation
         and depletion                      (205,342)      (193,135)
                                             -------        -------
                                             151,189        160,275
                                             -------        -------
          Total assets                     $ 195,653        266,519
                                             =======        =======
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
   Accounts payable                        $  87,341        116,393
   Due joint interest owners                   8,355          8,355
                                             -------        -------
          Total current liabilities           95,696        124,748
                                             -------        -------
Stockholders' equity:
   Preferred stock, $.01 par value,
     2,000,000 shares authorized,
     600,000 shares designated Series A
     $.06 cumulative convertible:
     134,000 shares issued and outstanding
     (aggregate involuntary liquidation
     preference of $134,000 plus unpaid
     dividends)                                1,340          1,340
   Common stock, $.01 par value,
     50,000,000 shares authorized,
     4,054,154 shares issued and 
     outstanding                              40,542         40,542
   Additional paid-in capital                541,417        541,417
   Accumulative deficit                     (483,342)      (441,528)
                                             -------        -------
          Net stockholders' equity            99,957        141,771
                                             -------        -------
          Total Liabilities and Equities   $ 195,653        266,519
                                             =======        =======
<FN>
The accompanying notes are an integral part of these financial statements.
</TABLE>
<PAGE>
<TABLE>

CLX ENERGY, INC.
STATEMENTS OF OPERATIONS 
(Unaudited)

<CAPTION>
                                           Six Months Ended  Three Months Ended
                                               March 31,           March 31,
                                            1998      1997     1998       1997
<S>                                    <C>        <C>       <C>       <C>
Revenues:
   Oil and gas sales                   $  45,284    72,026    15,357    42,108
   Management fees                           900    17,048       -       8,400
                                         -------   -------   -------   -------
     Total revenue                        46,184    89,074    15,357    50,508

Operating costs and expenses:
   Lease operating and
     production taxes                     12,627    21,310     6,282    11,499
   Lease rentals and abandonments          1,555     1,667       836       293
   Depreciation and depletion             12,207    12,838     5,543     6,327
   General and administrative             60,422    77,137    28,024    30,768
                                         -------   -------   -------   -------
     Total operating costs and expenses   86,811   112,952    40,685    48,887
                                         -------   -------   -------   -------
     Operating income (loss)            ( 40,627) ( 23,878) ( 25,328)    1,621
                                         -------   -------   -------   ------- 

Other income (expenses):
   Gain on sale of assets                    669     5,000       -         -  
   Interest expense                     (  1,856) (  1,201) (    962)      - 
                                         -------   -------   -------   -------
     Total other income (expenses)      (  1,187)    3,799  (    962)      - 
                                         -------   -------   -------   -------

          Net income (loss)            $( 41,814) ( 20,079) ( 26,290)    1,621
                                         =======   =======   =======   =======

Weighted average number of common
  shares outstanding  - basic and
  diluted                              4,054,154 3,756,535 4,054,154 4,054,154
                                       ========= ========= ========= =========

Net income (loss) per common share
  - basic and diluted                 $(    .01) (    .01) (    .01) (    *  ) 


*  Less than $( .01) per share.

<FN>
The accompanying notes are an integral part of these financial statements.

</TABLE>

<PAGE>
<TABLE>
CLX ENERGY, INC.
STATEMENTS OF CASH FLOWS
Six Months Ended March 31, 1998 and 1997
(Unaudited)

<CAPTION>
                                                  1998          1997
<S>                                          <C>           <C>
Cash flows from operating activities:
   Net income (loss)                         $( 41,814)     (  20,079)
   Adjustments to reconcile net loss to 
     net cash provided by (used in) 
     operating activities:
       Depreciation and depletion                12,207        12,838
       Gain on sale of assets                  (    669)     (  5,000)
       (Increase) decrease in
         accounts receivable                     62,264      ( 74,730)
       Decrease in
         prepaid expenses                           -              49
       Increase (decrease) in 
         accounts payable                      ( 29,052)       57,665
       Increase (decrease) in 
         accrued expenses and other                 -        (    356)
                                                -------       -------
           Net cash provided by (used in)
             operating activities                 2,936      ( 29,613)
                                                -------       -------

Cash flows from investing activities:
   Proceeds from sale of property and equipment   2,300         5,000
   Purchase of property and equipment          (  4,752)     (  7,900)
                                                -------       -------
           Net cash provided by (used in)
             investing activities              (  2,452)     (  2,900)
                                                -------       -------

Cash flows from financing activities:
   New short-term borrowings                        -             -
   Payments on short-term borrowings                -        ( 57,000)
   Payments on long-term borrowings                 -        (  4,134)
   Proceeds from issuance of common stock           -         125,000 
                                                -------       -------
           Net cash provided by (used in)
             financing activities                   -          63,866
                                                -------       -------

           Net increase (decrease) in cash          484        31,353

Cash, beginning of period                        34,763        15,245
                                                -------       -------

Cash, end of period                           $  35,247        46,598
                                                =======       =======

Supplemental disclosures of cash 
  flow information - cash paid                               
  during period for interest                  $     -           1,557
                                                =======       =======

<FN>
The accompanying notes are an integral part of these financial statements.
</TABLE>

<PAGE>
CLX ENERGY, INC.
NOTES TO UNAUDITED FINANCIAL STATEMENTS
March 31, 1998

Note A - Basis of Presentation

The balance sheet as of March 31, 1998, the statements of operations
for the six months and three months ended March 31, 1998 and 1997 and
the statements of cash flows for the six months ended March 31, 1998
and 1997 have been prepared by the Company, without audit.  In the opinion 
of management, all adjustments (which include only normal recurring 
adjustments) necessary to present fairly the financial position, results 
of operations and cash flows at March 31, 1998 and for all periods 
presented have been made.

Certain information and footnote disclosures normally included in
financial statements prepared in accordance with generally accepted
accounting principals have been condensed or omitted as permitted by
the rules and regulations of the Securities and Exchange Commission.
While the Company believes that the disclosures are adequate to make
the information presented not misleading, it is suggested that these
financial statements be read in conjunction with the September 30, 1997
financial statements of CLX Energy, Inc., the notes thereto and the
Independent Auditors' Report thereon.

Note B - Net income (loss) per common share

Net loss per common share is computed on the basis of the weighted average 
number of common shares outstanding during the period as illustrated below:

                                                  Six Months Ended
                                                   March 31, 1998
                                                  ----------------
                                                                 Per Share
                                           Net Loss    Shares     Amount
                                           --------    ------    ---------
Net Loss                                  $( 41,814)
Preferred stock dividends                  (  4,020)
                                            -------
Net loss per share, basic and
   diluted, applicable to
   common stockholders                    $( 45,834)  4,054,154  $(    .01)


                                                  Six Months Ended
                                                   March 31,1997
                                                  ----------------
                                                                 Per Share
                                           Net Loss    Shares     Amount
                                           --------    ------    ---------
Net Loss                                  $( 20,079)
Preferred stock dividends                  (  4,020)
                                            -------
Net loss per share, basic and
   diluted, applicable to
   common stockholders                    $( 24,099)  3,756,535  $(    .01)


<PAGE>
                                                  Three Months Ended
                                                    March 31, 1998
                                                  ------------------
                                                                  Per Share
                                           Net Loss    Shares      Amount
                                           --------    ------     ---------
Net Loss                                  $( 26,290)
Preferred stock dividends                  (  2,010)
                                            -------
Net loss per share, basic and
   diluted, applicable to
   common stockholders                    $( 28,300)  4,054,154  $(    .01)


                                                  Three Months Ended
                                                    March 31, 1997
                                                  ------------------
                                                                  Per Share
                                           Net Loss    Shares      Amount
                                           --------    ------     ---------
Net Income                                $   1,621
Preferred stock dividends                  (  2,010)
                                            -------
Net loss per share, basic and
   diluted, applicable to
   common stockholders                    $(    389)  4,054,154  $(    .00)

Options to purchase 475,000 shares of common stock were outstanding at 
March 31, 1998 (743,750 at March 31, 1997) but were not included in the
computation of diluted EPS because the options' exercise price was greater than
the average market price of the common shares.

Note C - Preferred stock

Each share of the Company's outstanding Series A preferred stock was
convertible into one share of common stock until the conversion
privilege expired in a prior year (April 30, 1983.)  Except in certain 
specified circumstances, the Series A preferred stock is nonvoting.  
The Series A shares are redeemable at the option of the Company at $1.50 per
share, plus any accrued and unpaid dividends.  The Series A preferred
stock has an involuntary liquidation preference of $1 per share plus
accrued and unpaid dividends.  Dividends on preferred stock of $.06
per share, $8,040, were not declared in 1984 through 1997 for a total
of $112,560 and are in arrears at March 31, 1998.

<PAGE>

Note D - Contingency

The Company has been advised by Panhandle Eastern Pipe Line Company that on
September 10, 1997 the Federal Energy Regulatory Commission (FERC) issued an
order that requires first sellers of gas to make refunds for all Kansas Ad 
Valorem tax reimbursements collected for the period from October 3, 1983
through June 28, 1988, with interest.

This claim resulted from a Federal Energy Regulatory Commmission (FERC) order
issued September 10, 1997 which stated that ad valorem tax levied by the State
of Kansas could not be considered as an add-on the Maximum Lawful Price (MLP)
of gas sold under the NGPA of 1978 covering the period from October 3, 1983
through June 28, 1988.  This order reversed the FERC rules in effect during 
that time period that ad valorem taxes paid to the State of Kansas by producers
could recover from the pipeline company by the producers over and above the MLP
of gas sold under the guidelines set forth in the NGPA of 1978.

The predecessor of the Company, Calvin Exploration Inc. was operator of certain
Kansas gas wells during the period covered by the order.  Panhandle Eastern
Pipe Line Company has advised the Company that Calvin Exploration Inc., as
first seller, was paid $57,732 in Kansas Ad Valorem taxes.  The Company was
also advised that as successor in interest to the first seller, the amount of
the refund that must be repaid with interest approximates $194,000 on 
March 31, 1998.

The Company believes that, based on the law as it exists today, its liability
is limited to its ownership percentage.  Accounts payable includes 
approximately $47,000 in connection with the FERC claim, including interest and
estimated legal expenses.

The Kansas Independent Oil and Gas Association (KIOGA) has intervened with the
FERC requesting elimination of the interest charge on the claimed refunds.  The
interest amounts to approximately 70% of the total refunds claimed.  Bills have
been introduced in both the U.S. House of Representatives and Senate seeking
the same relief.

     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
       RESULTS OF OPERATIONS

Analysis of Financial Condition

During the six months ended March 31, 1998, the Company acquired proved and
unproved oil and gas properties at a cost of $4,752.  During the same period, 
the Company sold part of its interest in an unproved oil and gas prospect for 
$2,300.  The Company received $900 in management fees for operating a drilling
program during the six months ended March 31, 1998.  In December 1996, the 
Company sold in a private placement 833,333 shares of common stock for $.15 per
share for a total of $125,000.

<PAGE>

Capital Resources and Liquidity

At March 31, 1998 the Company had negative working capital of $51,232.  
Revenues from existing oil and gas production and management fees from 
operating a drilling program are not adequate to cover the normal operating 
expenses of the Company without a reduction of general and administrative 
expenses.  

The Company currently has drilling prospects which it is actively marketing to
industry participants.  If these prospects are successfully sold, the Company
will receive a front-end payment and an interest carried free of costs in these
prospects which would improve the Company's cash flow.

Analysis of Results of Operations

Oil and gas sales decreased for the six months and the three months ended 
March 31, 1998 as a result of lower oil and gas prices and declining 
production.  Management fees decreased for the six months and the three months
ended March 31, 1998 since the drilling program that the Company acts as 
operator has terminated.

Lease operating expenses and production taxes decreased due to lower 
production taxes as a result of the decrease in sales, and a general decrease 
in operating costs caused by mild weather conditions.  Depreciation and 
depletion decreased primarily as a result of declining production on most of 
the oil and gas properties.  General and administrative expenses decreased for 
the six months and the three months ended March 31, 1998 as compared to the 
prior periods primarily due to a general decrease in activity and reduced 
salary expense.

During the six months ended March 31, 1998 the Company sold part of its 
interest in an unproved oil and gas prospect that resulted in a gain of $669.
During the six months ended March 31, 1997 the Company sold part of its
interests in an unproved oil and gas prospect that resulted in a gain of 
$5,000.  Interest expense increased due to the interest accruing on its 
estimated liability for the FERC ordered refund on Kansas gas pricing.

<PAGE>
                         PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.

         None

Item 2.  Changes in Securities.

         None

Item 3.  Defaults Upon Senior Securities.

         None

Item 4.  Submission of Matters to a Vote of Security Holders.

         None

Item 5.  Other Information.

         None

Item 6.  Exhibits and Reports on Form 8-K.

         (a)  Exhibits

              Exhibit 27. Financial Data Schedule

         (b)  Reports on Form 8-K.

              None

                                     SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                              CLX ENERGY, INC.



                                              /s/ E. J. Henderson
                                              By:  E. J. Henderson
                                                   President and Chief
                                                   Financial Officer
Dated:  May 5, 1998