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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                           ------------------------

                                    FORM 8-K


                                 CURRENT REPORT



                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                           -------------------------

DATE OF REPORT:  FEBRUARY 23, 1994


                               ZAPATA CORPORATION
             (Exact name of registrant as specified in its charter)



       DELAWARE                     1-4219               C-74-1339132
(State or other jurisdiction  (Commission File No.)  (I.R.S. Employee
  of incorporation)                                  Identification No.)


                P.O. BOX 4240
                HOUSTON, TEXAS                   77210-4240
   (Address of principal executive offices)      (Zip Code)


                                 (713) 940-6100
              (Registrant's telephone number, including area code)


                                 NOT APPLICABLE
         (Former name or former address, if changed since last report)