diff --git a/ResInsightVersion.cmake b/ResInsightVersion.cmake
index 31b0c25688..92e9e28db7 100644
--- a/ResInsightVersion.cmake
+++ b/ResInsightVersion.cmake
@@ -1,16 +1,16 @@
 
 set(RESINSIGHT_MAJOR_VERSION 2018)
-set(RESINSIGHT_MINOR_VERSION 05)
-set(RESINSIGHT_PATCH_VERSION 1)
+set(RESINSIGHT_MINOR_VERSION 11)
+set(RESINSIGHT_PATCH_VERSION 0)
 
 # Opional text with no restrictions
-set(RESINSIGHT_VERSION_TEXT "-dev")
+set(RESINSIGHT_VERSION_TEXT "-RC1")
 
 # Optional text
 # Must be unique and increasing within one combination of major/minor/patch version 
 # The uniqueness of this text is independent of RESINSIGHT_VERSION_TEXT 
 # Format of text must be ".xx"
-set(RESINSIGHT_DEV_VERSION ".12")
+#set(RESINSIGHT_DEV_VERSION ".12")
 
 # https://github.com/CRAVA/crava/tree/master/libs/nrlib
 set(NRLIB_GITHUB_SHA "ba35d4359882f1c6f5e9dc30eb95fe52af50fd6f")