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A body pulled from the Mississippi River near the French Quarter on Tuesday was that of a missing Texas oil company executive, police said.
Police believe Douglas Schantz, 54, president of Houston-based Sequent Energy Management, drowned accidentally, said Bob Young of the New Orleans police department.
"He had all his credit cards, his jewelry was on him," Young said. "At this time we feel it was accidental."
Tim Miller, president and founder of search and recovery company Texas Equusearch, said the body was found shortly after noon Tuesday in the river "very, very near" the spot where Schantz was last seen on a security video Friday morning.
"We went out and got a clear picture of it right away," Miller said. "So then we just brought it up."
Police began focusing on the river after tracing Schantz's route there from a Bourbon Street bar. Police searched videos from businesses in the French Quarter were able to place Schantz at the dock for the Riverboat Natchez at about 2:40 a.m. on Friday.
Police Superintendent Warren Riley said Tuesday that Schantz, who left the Razzoo Bar and Patio about 2 a.m. Friday, was seen walking on a 2-foot-wide walkway by the river.
Riley said Schantz, who had been drinking, seemed disoriented on the videos. He is seen going into a restricted area and is not seen again on the video, despite a review of the following four hours of tape, Riley said.
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