FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

(Mark  One)

[X]  QUARTERLY  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE  SECURITIES
     EXCHANGE  ACT  OF  1934

     For  the  quarterly  period  ended  March  31,  2002

                                       OR

[  ]  TRANSITION  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE  SECURITIES
     EXCHANGE  ACT  OF  1934

                          Commission file number 0-9392


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


            Colorado                                 84-0749623
            --------                                 ----------
(State  or  other  jurisdiction  of               (I.R.S.  employer
 incorporation  or  organization)              identification  number)


518  17th  Street,  Suite  745,  Denver,  Colorado                  80202
  (Address  of  principal  executive  offices)                   (Zip  Code)


Registrant's  telephone  number,  including  area  code:  (303)  825-7080

Indicate  by check mark whether the issuer (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.

As of May 8, 2002, there were 2,631,936 shares of the Registrant's sole class of
Common  Stock  outstanding.


Transitional  Small  Business  Disclosure  Format    Yes     No   X
                                                         ---     ---


<PAGE>
                                CLX ENERGY, INC.
                                      INDEX


PART  I  -  FINANCIAL  INFORMATION


ITEM  1.  FINANCIAL  STATEMENTS

    Independent  Accountants'  Report                                       1

    Condensed  Balance  Sheet
      March  31,  2002                                                      2

    Condensed  Statements  of  Operations
      Six  Months  and  Three  Months  Ended March 31, 2002 and 2001        3

    Condensed  Statement  of  Stockholders'  Equity
      Six  Months  Ended  March  31,  2002                                  4

    Condensed  Statements  of  Cash  Flows
      Six  Months  Ended  March  31,  2002 and 2001                         5

    Notes  to  Condensed  Financial  Statements
      Six  Months  Ended  March  31,  2002 and 2001                         6

ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS                           9


PART  II  -  OTHER  INFORMATION                                            11


<PAGE>
                         INDEPENDENT ACCOUNTANTS' REPORT


Board of Directors
CLX Energy, Inc.

We have reviewed the accompanying condensed balance sheet of CLX Energy, Inc. as
of March 31, 2002, the related condensed statements of operations for the
six-month and three-month periods ended March 31, 2002 and 2001, condensed
statement of stockholders' equity for the six-month period ended March 31, 2002,
and condensed statement of cash flows for the six-month periods ended March 31,
2002 and 2001. These condensed financial statements are the responsibility of
the Company's management.

We conducted our reviews in accordance with standards established by the
American Institute of Certified Public Accountants. A review of interim
financial information consists principally of applying analytical procedures to
financial data and making inquiries of persons responsible for financial and
accounting matters. It is substantially less in scope than an audit conducted in
accordance with auditing standards generally accepted in the United States of
America, the objective of which is the expression of an opinion regarding the
financial statements taken as a whole. Accordingly, we do not express such an
opinion.

Based on our reviews, we are not aware of any material modifications that should
be made to the accompanying financial statements for them to be in conformity
with accounting principles generally accepted in the United States of America.


EASTON AND BARSCH
Certified Public Accountants
Lakewood, Colorado


May 13, 2002


                                        1
<PAGE>
<TABLE>
<CAPTION>

                     CLX ENERGY, INC.
                 Condensed Balance Sheet
                      March 31, 2002
                        (Unaudited)

<S>                                        <C>
              Assets
              ------
Current assets:
   Cash                                    $   355,218
   Accounts receivable:
     Trade                                      87,681
     Oil and gas sales                          61,273
   Prepaid expenses and other                   12,689
                                           ------------
          Total current assets                 516,861
                                           ------------
Property and equipment, at cost:
   Oil and gas properties (successful
     effort method):
       Proved                                1,114,026
       Unproved                                 53,709
   Office equipment                             16,353
                                           ------------
                                             1,184,088
       Less accumulated depreciation
         and depletion                      (  575,314)
                                           ------------
   Property and equipment, net                 608,774
Other assets - oil and gas bond deposit         27,492
                                           ------------
                                           $ 1,153,127
                                           ============

     Liabilities and Stockholders' Equity
     ------------------------------------
Current liabilities:
   Accounts payable:
     Trade                                 $   224,736
     Joint interest owner advances               3,526
     Oil and gas sales                          75,903
   Current portion of long-term debt           120,000
   Accrued liabilities and other                 8,355
                                           ------------
          Total current liabilities            432,520
                                           ------------
Long-term debt, less current portion           307,857
Stockholders' equity:
   Preferred stock, $.01 par value,
      2,000,000 shares authorized,
      600,000 shares designated Series A
      $.06 cumulative convertible - no
      shares outstanding                             -
   Common stock, $.01 par value,
      50,000,000 shares authorized,
      2,631,936 shares issued and
      outstanding                               26,319
   Additional paid-in capital                  846,941
   Accumulated deficit                      (  460,510)
                                           ------------
          Net stockholders' equity             412,750
                                           ------------
                                           $ 1,153,127
                                           ============
</TABLE>


The accompanying notes are an integral part of these condensed financial
statements.


                                        2
<PAGE>
<TABLE>
<CAPTION>


                                  CLX ENERGY, INC.
                         Condensed Statements of Operations
              Six Months and Three Months Ended March 31, 2002 and 2001
                                     (Unaudited)


                                        Six Months Ended       Three Months Ended
                                           March 31,                March 31,
                                    -----------------------  -----------------------
                                       2002         2001        2002         2001
                                    -----------  ----------  -----------  ----------
<S>                                 <C>          <C>         <C>          <C>
Revenues:
   Oil and gas sales                $  139,226     557,498       68,557     317,430
   Management fees and other            32,611      38,086       18,567      20,466
                                    -----------  ----------  -----------  ----------
     Total revenue                     171,837     595,584       87,124     337,896
                                    -----------  ----------  -----------  ----------

Operating expenses:
   Lease operating and
    production taxes                   131,286     135,515       48,564      86,372
   Lease rentals                         1,058       1,035          100         100
   Dry holes and abandoned leases        1,542      56,317          125      26,051
   Depreciation and depletion           40,529      70,838       19,521      38,334
   General and administrative          106,019     153,079       48,395      95,857
                                    -----------  ----------  -----------  ----------
     Total operating costs and
      expenses                         280,434     416,784      116,705     246,714
                                    -----------  ----------  -----------  ----------

     Operating income                 (108,597)    178,800     ( 29,581)     91,182
                                    -----------  ----------  -----------  ----------

Other income (expenses):
   Gain on sale of assets                    -      20,735            -      13,430
   Interest income                       5,220       7,607        2,181       5,353
   Interest expense                   ( 12,981)   ( 25,964)    (  5,864)   ( 16,245)
                                    -----------  ----------  -----------  ----------
     Other income (expenses)          (  7,761)      2,378     (  3,683)      2,538
                                    -----------  ----------  -----------  ----------

Income (loss) before
 income taxes                         (116,358)    181,178     ( 33,264)     93,720

Income tax (provision) benefit           6,200    (  6,500)       1,700    (  6,500)
                                    -----------  ----------  -----------  ----------

Net income (loss)                   $ (110,158)    174,678     ( 31,564)     87,220
                                    ===========  ==========  ===========  ==========

Net income (loss) per
 common share:
   Basic                            $ (    .04)        .07     (    .01)        .03
                                    ===========  ==========  ===========  ==========
   Diluted                          $ (    .04)        .06     (    .01)        .03
                                    ===========  ==========  ===========  ==========

Weighted average number of
   common shares outstanding:
     Basic                           2,631,936   2,636,283    2,631,936   2,637,283
                                    ===========  ==========  ===========  ==========
     Diluted                         2,631,936   2,709,383    2,631,936   2,709,383
                                    ===========  ==========  ===========  ==========
</TABLE>


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


                                        3
<PAGE>
<TABLE>
<CAPTION>


                                CLX ENERGY, INC.
                   Condensed Statement of Stockholders' Equity
                         Six Months Ended March 31, 2002
                                   (Unaudited)


                                      Additional
                      Common Stock     Paid-in  Accumulated
                     Shares   Amount   Capital    Deficit
                   ---------  -------  -------  ------------
<S>                <C>        <C>      <C>      <C>
Balances,
  October 1, 2001  2,631,936  $26,319  846,941     (350,352)

Net loss                   -        -        -     (110,158)
                   ---------  -------  -------  ------------
Balances,
  March 31, 2002   2,631,936  $26,319  846,941     (460,510)
                   =========  =======  =======  ============
</TABLE>


The accompanying notes are an integral part of these condensed financial
statements.


                                        4
<PAGE>
<TABLE>
<CAPTION>


                                CLX ENERGY, INC.
                       Condensed Statements of Cash Flows
                    Six Months Ended March 31, 2002 and 2001
                                   (Unaudited)


                                                      Six Months Ended
                                                          March 31,
                                                 -------------------------
                                                     2002         2001
                                                 ------------  -----------
<S>                                              <C>           <C>
Cash flows from operating activities:
 Net income (loss)                               $(  110,158)     174,678
                                                 ------------  -----------
 Adjustments to reconcile net loss to net
  cash used in operating activities:
    Depreciation and depletion                        40,529       70,838
    Expenses incurred in exchange for options              -       28,000
    Gain on sale of assets                                 -   (   20,735)
    (Increase) decrease in accounts receivable       474,348   (  121,805)
    (Increase) decrease in prepaid
      expense and other                           (    9,130)  (    2,434)
    Increase (decrease) in accounts payable       (  499,904)     689,708
    Increase (decrease) in accrued
      liabilities and other                       (    7,500)       1,355
                                                 ------------  -----------

      Total adjustments                           (    1,657)     644,927
                                                 ------------  -----------
        Net cash provided by (used in)
          operating activities                    (  111,815)     819,605
                                                 ------------  -----------

Cash flows from investing activities:
 Proceeds from sale of property and equipment              -       82,529
 Purchase of property and equipment               (    9,833)  (  455,667)
 Addition to other assets                         (      478)  (      739)
                                                 ------------  -----------
      Net cash used in
        investing activities                      (   10,311)  (  373,877)
                                                 ------------  -----------

Cash flows from financing activities:
 New long-term borrowings                                  -      265,000
 Reductions to long-term debt                     (   60,000)  (   50,907)
                                                 ------------  -----------

      Net cash provided by (used in)
        financing activities                      (   60,000)     214,093
                                                 ------------  -----------

      Net increase (decrease) in cash             (  182,126)     659,821

Cash, beginning of period                            537,344      604,532
                                                 ------------  -----------

Cash, end of period                              $   355,218    1,264,353
                                                 ============  ===========

Supplemental disclosures of cash flow:
  Interest paid                                  $    12,981       25,964
                                                 ============  ===========
  Income taxes paid                              $         -        6,645
                                                 ============  ===========

</TABLE>


The accompanying notes are an integral part of these condensed financial
statements.


                                        5
<PAGE>
                                CLX ENERGY, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                    SIX MONTHS ENDED MARCH 31, 2002 AND 2001
                                  (UNAUDITED)

Note A - Basis of Presentation

The condensed balance sheet as of March 31, 2002, the condensed statements of
operations for the six months and three months ended March 31, 2002 and 2001,
the condensed statement of stockholders' equity for the six months ended March
31, 2002 and the condensed statements of cash flows for the six months ended
March 31, 2002 and 2001 have been prepared by the Company without audit.  The
preparation of financial statements requires management to make estimates and
assumptions that affect certain reported amounts and disclosures.  Accordingly,
actual results could differ from those estimates.  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, 2002 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 principles
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, 2001 financial statements of the Company, the notes thereto and
the independent Auditors' Report thereon.

Certain amounts reported in the prior period financial statements have been
reclassified to conform with the 2002 presentation.


Note B - Use of estimates

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect certain reported amounts and disclosures.  Oil and gas reserve estimates
are inherently imprecise and are continually subject to revisions based on
production history, results of additional exploration and development, price of
oil and gas and other factors.  Accordingly it is at least reasonably possible
those estimates could be revised in the near term and those revisions could be
material.


                                        6
<PAGE>
                                CLX ENERGY, INC.
                    NOTES TO CONDENSED FINANCIAL STATEMENTS
                    SIX MONTHS ENDED MARCH 31, 2002 AND 2001
                                   (UNAUDITED)


Note C - Net income (loss) per common share

SFAS No. 128, Earnings per Share, requires dual presentation of basic and
diluted earnings or loss per share (EPS) with a reconciliation of the numerator
and denominator of the basic EPS computation to the numerator and denominator of
the diluted EPS computation.  Basic EPS excludes dilution.  Diluted EPS reflects
the potential dilution that could occur if securities or other contracts to
issue common stock were exercised or converted into common stock or resulted in
the issuance of common stock that then shared in the earnings of the entity.

Basic income (loss) per share of common stock is computed based on the average
number of common shares outstanding during the period.  Diluted EPS includes the
potential conversion of stock options.  Stock options are not considered in the
diluted EPS calculation for those periods with net losses, as the impact of the
potential common shares (250,000 shares at March 31, 2002) would be to decrease
loss per share.


Note D - Income Taxes

An income tax benefit was recorded for the potential refund of taxes paid in
prior years as a result of the net loss for the six months ended March 31, 2002.

The following table reconciles the U.S. statutory rate to the Company's
effective tax rate:

                                      2002         2001
                                     -------      -------

     Federal statutory rate          (35.0%)       35.0%
     Graduated rate benefit           20.0          0.0
     Net operating losses              0.0        ( 2.3 )
     State taxes                       0.0        ( 0.0 )
     Statutory depletion               9.4        (11.0 )
     Intangible drilling costs         0.0        (18.1 )
                                     -------      -------

        Effective tax rate           ( 5.6%)        3.6%
                                     =======      =======

At September 30, 2001, after giving effect to ownership changes that occurred in
the 1999 fiscal year, the Company has a net operating loss carryforward of
approximately $337,000 which expires in varying amounts from September 30, 2003
through 2017.  The $337,000 carryforward is subject to an annual limitation of
approximately $23,500.  Differences between income tax and financial statement
basis of assets ($37,000) consists of intangible drilling costs ($78,000) which
are expensed for tax purposes offset by basis difference of oil and gas
properties ($41,000) that have a lower financial statement basis than income tax
basis.


                                        7
<PAGE>
                                CLX ENERGY, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                    SIX MONTHS ENDED MARCH 31, 2002 AND 2001
                                   (UNAUDITED)


Deferred tax benefit relating to the net operating loss carryforward has not
been reflected as a net deferred tax asset because the limited carryover period
combined with the history of losses of the Company, prior to the year ended
September 30, 2000, make it more likely than not that the net operating losses
will not be utilized by the Company prior to their expiration.


                                        8
<PAGE>
ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS


General

The statements contained in this Form 10-QSB, if not historical, are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, and involve risks and uncertainties that could
cause actual results to differ materially from the results, financial or
otherwise, or other expectations described in such forward-looking statements.
Any forward-looking statement or statements speak only as of the date on which
such statements were made, and the Company undertakes no obligation to update
any forward-looking statement to reflect events or circumstances after the date
on which such statements are made or reflect the occurrence of unanticipated
events.  Therefore, forward-looking statements should not be relied upon as
prediction of actual future results.


Liquidity, Capital Resources and Commitments


The Company currently has a positive current ratio with current assets exceeding
current liabilities by approximately $84,341. The Company believes that current
assets and projected cash flow from oil and gas sales should be adequate to
cover the fixed costs of the Company for the fiscal year ended September 30,
2002, including servicing the bank debt.

The Company currently has drilling prospects which it will be actively marketing
to industry participants on a promoted basis and the Company is attempting to
purchase additional producing oil and gas properties.


Analysis of Results of Operations:

Oil and gas sales decreased for the six months and three months ended March 31,
2002 compared to the six months and three months ended March 31, 2001 as a
result of declining production and lower prices for gas and oil.

Management fees and other income for the six months and three months ended March
31, 2002 decreased over the prior year periods due to one time management fees
received in connection with the drilling of certain oil and gas wells.


                                        9
<PAGE>
Lease operating expenses and production taxes decreased for the six months ended
March 31, 2002 compared to the six months ended March 31, 2001 primarily due to
reduced production taxes on lower oil and gas revenues offset by significant
workover costs incurred on certain oil and gas wells and higher than estimated
ad valorem taxes in the three month period ended December 31, 2001.  Lease
operating expenses and production taxes decreased for the three months ended
March 31, 2002 compared to the three months ended March 31, 2001 primarily due
to reduced production taxes on lower oil and gas revenues.  Dry hole expense
decreased as a result of limited participation in drilling of wells during the
six months and three months ended March 31, 2002.  Depreciation and depletion
decreased as a result of the decrease in oil and gas production and the lower
carrying value of the oil and gas properties due to the impairment provision in
the fiscal year ended September 30, 2001.  General and administrative expenses
decreased primarily due to certain expenses incurred in the prior year periods
for a stockholders' meeting to reverse split the common stock of the Company and
$28,000 of expenses associated with a stock option granted.

During the six months ended March 31, 2001 the Company had a gain of $20,735
from selling part of its interest in undeveloped oil and gas leases ($13,430 for
the three months ended March 31, 2001).  Interest income decreased as a result
of a decrease in the amount of interest bearing cash accounts and lower interest
rates.  Interest expense decreased as a result of a reduction in the average
amount of debt outstanding and lower interest rates.

Critical accounting policies

The Company believes the following represent its critical accounting policies:

Revenue  Recognition  -  The Company's revenue recognition policy is significant
     because  its  revenue  is  a key component of its results of operations. In
     addition,  revenue  recognition  determines  the timing of certain expenses
     such as production taxes. The Company recognizes oil and gas revenue as oil
     and  gas  is  produced.  At  times, the Company is required to estimate the
     quantities  produced  and  related revenues. Management fees are recognized
     when  the  Company performs the service and collection is probable. Revenue
     results  are difficult to estimate or predict, and any shortfall in revenue
     could  cause  operating  results  to  vary  significantly.

Oil  and  gas  properties - The Company follows the successful efforts method of
     accounting.  Lease  acquisition  and  development  costs  (tangible  and
     intangible)  for expenditures relating to proved oil and gad properties are
     capitalized.  Delay  and surface rentals are charged to expense in the year
     incurred.  Dry  hole costs incurred on exploratory operations are expensed.
     Dry  hole  costs  associated with developing proved fields are capitalized.
     Expenditures  for  additions,  betterments,  and  renewals are capitalized.
     Geological  and  geophysical  costs  are  expensed  when  incurred.

     Provisions  for  depreciation  and depletion of capitalized exploration and
     development  costs  are computed  on the unit-of-production method based on
     estimated  proved  developed  reserves  of  oil  and  gas  on a property by
     property  basis.  An  additional  impairment  provision  is recorded if the
     estimated  fair market value is less than the carrying amount of the assets
     on  a  property  by  property  basis.  Oil  and  gas  reserve estimates are
     inherently  imprecise  and  are  continually  subject to revisions based on
     production  history,  results  of  additional  exploration and development,
     price  of  oil  and  gas  and  other  factors.  Accordingly  it is at least
     reasonably  possible  those estimates could be revised in the near term and
     those  revisions  could  be  material.


                                       10
<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 11.  Statement of Computation of Earnings (Loss) Per
                Share

           (b)  Reports on Form 8-K
                None


                                       11
<PAGE>
                                   SIGNATURES

Pursuant to the Securities and 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.
                                 (REGISTRANT)

Date:  May 13, 2002                   By:  /s/ E. J. Henderson
                                      ------------------------
                                      By:  E. J. Henderson
                                           President and Chief Financial Officer


                                       12
<PAGE>