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  June  30,  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 August 5, 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  -
      June  30,  2002                                                          2

    Condensed  Statements  of  Operations  -
      Nine  Months  and  Three  Months  Ended June 30, 2002 and 2001           3

    Condensed  Statement  of  Stockholders'  Equity  -
      Nine  Months  Ended  June  30,  2002                                     4

    Condensed  Statements  of  Cash  Flows  -
      Nine  Months  Ended  June  30,  2002 and 2001                            5

    Notes  to  Condensed  Financial  Statements  -
      Nine  Months  Ended  June  30,  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 June 30, 2002, the related condensed statements of operations for the
nine-month and three-month periods ended June 30, 2002 and 2001, condensed
statement of stockholders' equity for the nine-month period ended June 30, 2002,
and condensed statements of cash flows for the nine-month periods ended June 30,
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


August  13,  2002


                                        1
<PAGE>
<TABLE>
<CAPTION>

                   CLX ENERGY, INC.
               Condensed Balance Sheet
                   June 30, 2002
                     (Unaudited)


           Assets
           ------
<S>                                        <C>
Current assets:
   Cash                                    $   317,167
   Accounts receivable:
     Trade                                     253,864
     Oil and gas sales                         138,297
   Prepaid expenses and other                   18,075
                                           ------------
          Total current assets                 727,403
                                           ------------
Property and equipment, at cost:
   Oil and gas properties (successful
     effort method):
       Proved                                1,148,403
       Unproved                                 43,705
   Office equipment                             16,353
                                           ------------
                                             1,208,461
       Less accumulated depreciation
         and depletion                      (  600,394)
                                           ------------
   Property and equipment, net                 608,067
Other assets - oil and gas bond deposit         27,739
                                           ------------
                                           $ 1,363,209
                                           ============

     Liabilities and Stockholders' Equity
     ------------------------------------
Current liabilities:
   Accounts payable:
     Trade                                 $   242,472
     Joint interest owner advances             152,160
     Oil and gas sales                         142,876
   Current portion of long-term debt           120,000
   Accrued liabilities and other                 8,355
                                           ------------
          Total current liabilities            665,863
                                           ------------
Long-term debt, less current portion           277,857
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                      (  453,771)
                                           ------------
          Net stockholders' equity             419,489
                                           ------------
                                           $ 1,363,209
                                           ============
</TABLE>

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


                                        2
<PAGE>
<TABLE>
<CAPTION>


                                  CLX ENERGY, INC.
                         Condensed Statements of Operations
              Nine Months and Three Months Ended June 30, 2002 and 2001
                                     (Unaudited)

                                       Nine Months Ended       Three Months Ended
                                             June 30,               June 30,
                                    -----------------------  -----------------------
                                       2002         2001        2002         2001
                                    -----------  ----------  -----------  ----------
<S>                                 <C>          <C>         <C>          <C>
Revenues:
   Oil and gas sales                $  239,028     739,756       99,802     182,258
   Management fees and other            51,082      56,630       18,471      18,544
                                    -----------  ----------  -----------  ----------
     Total revenue                     290,110     796,386      118,273     200,802
                                    -----------  ----------  -----------  ----------

Operating expenses:
   Lease operating and
    production taxes                   178,947     186,753       47,661      51,238
   Lease rentals                         1,058       2,443            -       1,408
   Dry holes and abandoned leases            -      66,759     (  1,542)     10,442
   Depreciation and depletion           65,608      99,957       25,079      29,119
   General and administrative          150,005     206,564       43,986      53,485
                                    -----------  ----------  -----------  ----------
     Total operating costs and
      expenses                         395,618     562,476      115,184     145,692
                                    -----------  ----------  -----------  ----------

     Operating income                 (105,508)    233,910        3,089      55,110
                                    -----------  ----------  -----------  ----------

Other income (expenses):
   Gain on sale of assets                6,481      20,735        6,481           -
   Interest income                       7,115      15,058        1,895       7,451
   Interest expense                   ( 18,507)   ( 39,201)    (  5,526)   ( 13,237)
                                    -----------  ----------  -----------  ----------
     Other income (expenses)          (  4,911)   (  3,408)       2,850    (  5,786)
                                    -----------  ----------  -----------  ----------

Income (loss) before
 income taxes                         (110,419)    230,502        5,939      49,324

Income tax (provision) benefit           7,000    ( 10,000)         800    (  3,500)
                                    -----------  ----------  -----------  ----------

Net income (loss)                   $ (103,419)    220,502        6,739      45,824
                                    ===========  ==========  ===========  ==========

Net income (loss) per
 common share:
   Basic                            $ (    .04)        .08          .00         .02
                                    ===========  ==========  ===========  ==========
   Diluted                          $ (    .04)        .08          .00         .02
                                    ===========  ==========  ===========  ==========

Weighted average number of
   common shares outstanding:
     Basic                           2,631,936   2,634,850    2,631,936   2,631,984
                                    ===========  ==========  ===========  ==========
     Diluted                         2,631,936   2,764,480    2,631,936   2,761,614
                                    ===========  ==========  ===========  ==========
</TABLE>

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


                                        3
<PAGE>
<TABLE>
<CAPTION>

                                CLX ENERGY, INC.
                   Condensed Statement of Stockholders' Equity
                         Nine Months Ended June 30, 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                   -            -        -     (103,419)
                   ---------  -----------  -------  ------------
Balances,
  June 30, 2002    2,631,936  $    26,319  846,941     (453,771)
                   =========  ===========  =======  ============
</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
                    Nine Months Ended June 30, 2002 and 2001
                                   (Unaudited)


                                                    Nine Months Ended
                                                         June 30,
                                                -------------------------
                                                    2002         2001
                                                ------------  -----------
<S>                                             <C>           <C>
Cash flows from operating activities:
 Net income (loss)                              $(  103,419)     220,502
                                                ------------  -----------
 Adjustments to reconcile net loss to net
  cash used in operating activities:
    Depreciation and depletion                       65,608       99,957
    Expenses incurred in exchange for options             -       28,000
    Gain on sale of assets                       (    6,481)  (   20,735)
    Decrease in accounts receivable                 231,141       38,710
    Increase in prepaid
       expense and other                         (   14,516)  (    1,627)
    Increase (decrease) in accounts payable      (  266,561)     169,871
    Decrease in accrued
      liabilities and other                      (    7,500)  (       35)
                                                ------------  -----------

      Total adjustments                               1,691      314,141
                                                ------------  -----------
        Net cash provided by (used in)
          operating activities                   (  101,728)     534,643
                                                ------------  -----------

Cash flows from investing activities:
 Proceeds from sale of property and equipment        19,540       82,529
 Purchase of property and equipment              (   47,264)  (  467,025)
 Addition to other assets                        (      725)  (    1,122)
                                                ------------  -----------
      Net cash used in
        investing activities                     (   28,449)  (  385,618)
                                                ------------  -----------

Cash flows from financing activities:
 New long-term borrowings                                 -      265,000
 Reductions to long-term debt                    (   90,000)  (   80,907)
 Repurchase of common stock                               -   (    2,679)
                                                ------------  -----------

      Net cash provided by (used in)
        financing activities                     (   90,000)     181,414
                                                ------------  -----------

      Net increase (decrease) in cash            (  220,177)     330,439

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

Cash, end of period                             $   317,167      934,971
                                                ============  ===========

Supplemental disclosures of cash flow:
  Interest paid                                 $    18,507       35,067
                                                ============  ===========
  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
                    NINE MONTHS ENDED JUNE 30, 2002 AND 2001
                                   (UNAUDITED)


Note  A  -  Basis  of  Presentation

The condensed balance sheet as of June 30, 2002, the condensed statements of
operations for the nine months and three months ended June 30, 2002 and 2001,
the condensed statement of stockholders' equity for the nine months ended June
30, 2002 and the condensed statements of cash flows for the nine months ended
June 30, 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
June 30, 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 to 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
                    NINE MONTHS ENDED JUNE 30, 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 June 30, 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 nine months ended June 30, 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              6.8         (11.0)
     Intangible  drilling  costs       1.9         (18.1)
                                      ------       ------

        Effective  tax  rate          (6.3%)         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
                    NINE MONTHS ENDED JUNE 30, 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 a
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 $61,540.  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 nine months and three months ended June 30,
2002 compared to the nine months and three months ended June 30, 2001 as a
result of declining production and lower prices for gas and oil.

Management fees and other income for the nine months and three months ended June
30, 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 nine months and
three months ended June 30, 2002 compared to the nine months and three months
ended June 30, 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.  Dry hole expense
decreased as a result of limited participation in drilling of wells during the
nine months and three months ended June 30, 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 for the three months ended June 30, 2002 compared to the three months
ended June 30, 2001 primarily due to reductions in compensation expense.
General and administrative expenses decreased for the nine months ended June 30,
2002 compared to the nine months ended June 30, 2001 primarily due to reductions
in compensation expense, and expenses incurred in the prior nine months 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 nine months ended June 30, 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 June 30, 2001) compared to $6,481 for the nine months and
three months ended June 30, 2002.  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 gas 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:  August 13, 2002                By:  /s/ E. J. Henderson
                                      ------------------------
                                      By:  E. J. Henderson
                                           President and Chief Financial Officer


                                       12
<PAGE>