During the past few days, new rumors have surfaced the internet that the script and story for Half Life 3 has been completed and is in the process of moving towards completion.
Valve’s Marc Laidlaw responded to it probably being a troll by someone since the people are so emotional about Half Life 3. Marc Laidlaw responded with the following words,
Anonymous sources have been posting speculation masquerading as inside knowledge since the Half Life 1 days, and that fear is the last thing that would ever drive a decision about what to work on.
The story is created through the process of trying to figure out how to best use the features of the engine within the interesting set of constraints it poses. The story is part of the game. It doesn’t exist as a separate script that is handed off to game designers which they are expected to somehow make compelling through puzzles and combat.
He added the above statement after people wanted Valve to release the script as a comic or a book.
The following video from Valve News Network explains why Half Life 3 will eventually be released.