Fans awaiting the sequel to Valve’s critically-acclaimed Half-Life 2 might not have to wait much longer. According to Journal Du Gamer, Half-Life 3 is reportedly “well underway although much work remains.” The website’s insider source claims that HL3 will be inspired by The Elder Scrolls: Skyrim and Oblivion and will supposedly still be an action-oriented first-person shooter, but will be set in an open-world, have quests and lots of NPCs to mingle with. How long have fans been waiting for Half-Life 3? Well, the last release was Half-Life 2: Episode Two and that came out in 2007. While it’s just a rumor, the source says that Valve will launch the game in 2013, which has kicked up speculation that it could be released for Microsoft’s (MSFT) next-generation Xbox or Sony’s (SNE) PlayStation 4.

[Via SlashGear]

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