"Half Life 3" Release Date: Fallout 4, GTA V, and Star Wars: "Half Life 3" rumors are slowing as fans shift their attention to Valve's Left 4 Dead 3, which is under development and set to be released in 2017. Half Life 3 may be the most discussed title in gaming as Half Life 2 fans have been waiting for ten years for the sequel.

Previous reports claimed Valve began production on "Half Life 3," but decided to stop. According to a statement by Valve Corporation, the game won't be in development anytime soon.

There are speculations that Valve dropped production on Half Life 3 for "Left 4 Dead 3." Some reports believe Valve dropped Half Life 3.  The hype around "Half-Life 3" means that the game will probably not be good enough for their fans.

Valve writer Chet Faliszek denied part Half Life 3 will have virtual reality support.  Asked during a Q&A session whether Half-Life 3 would be a VR game, Falizszek joked, "I said no."

PC Gamer quoted Valve writer Chet Faliszek as denying VR support for "Half-Life 3."

According to Mater Herald the 'Left 4 Dead 3' rumors started after some screenshots of Valve's internal bug tracking systems were leaked. This was interpreted as saying the game was being developed on Valve's new Source Engine 2. Master Herald reported that Valve made a lot of progress in porting 'Dota 2' to that new engine.

Valve studio appears to be focusing on Steam and on "Counter-Strike" and "Dota" currently. Valve teased about "Half-Life 3" earlier this month in the update files for the Massive Online Battle Arena (MOBA) game "Dota 2."

According to a statement by Valve Corporation's Newel, the game won't be in development anytime soon.

If this is true then the mysterious file in the "Dota 2" update didn't come from an official Valve Corporation channel. Players of "Dota 2" were surprised to get the text file as part of their game's regular updates. The mysterious file seems quite suspicious because it has a file name of hl3.txt.

Metro magazine wrote that new rumors emerged claiming Valve has Half-Life 3 fully planned out, but only 10 people are working on it right now.

Valve announced that the "Half Life 3" release date is around the corner earlier this year. Fans think Half Life 3 has been developed but is being shelved for other projects.