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Relating to the conservation, storage and ownership of natural gas, and granting the right of eminent domain in underground reservoirs for the injection and storage of natural gas therein and the withdrawal of natural gas therefrom by any natural gas public utility or natural gas pipeline engaged in either or both the transportation or distribution of natural gas; providing for the procedure therefor; providing a non-litigation clause; providing for the reversion of the underground reservoir to the owners of the land and mineral and royalty interests; providing for the payment of royalty interest on oil produced and saved from lands covered by underground gas storage operations; providing for the ownership of gas storage operations; providing for the ownership of gas injected in storage; exempting common reservoirs producing both sweet and sour gas; repealing all laws and parts of laws in conflict therewith.