A series of microcavities in 2D hexagonal lattice photonic crystal slabs are studied in this paper. The microcavities are small sections of a photonic crystal waveguide. Finite difference time domain simulations show that these cavities preserve high Q modes with similar geometrical parameters and field profile. Effective modal volume is reduced gradually in this series of microcavity modes while maintaining high quality factor. Vertical Q value larger than 106 is obtained for one of these cavity modes with effective modal volume around 5.40 cubic half wavelengths [(λ/2nslab)3]. Another cavity mode provides even smaller modal volume around 2.30 cubic half wavelengths, with vertical Q value exceeding105.