The disc drive had to be changed, so it works now. Although the problem in regard to ripping still persists (stops at 0.10% now). I've included information from the logfile below:
DVDFab 8.1.9.0 (2012/07/12 22:42:49)
0m 02.45s: GPUAccelerate: 12351
0m 02.46s: CUDA cap: 0
0m 02.46s: Support coreavc decode: 0
0m 02.46s: Graphics info: NVIDIA GeForce GT 330M : 2.20 : 1.2
0m 02.46s: Qt Translator file load success
0m 02.46s: import key file D:\ 1
0m 02.51s: Load config successful.
0m 02.71s: Init profile data driver sucessful.
0m 05.33s: Init GPU settings sucessful.
0m 05.33s: option dvd2dvd 1 dvd2mobile 1 bluray2bluray 1 bd2mobile 1 bd23d 1 bd2dvd 1 file2dvd 1 file2bluray 1 file2mobile 1 filemover 1
0m 05.33s: dvd2dvd:dvd2mobile:blu-ray2blu-ray:blu-ray2mobile:blu-ray23d:blu-ray2dvd:file2mobile:file2dvd:file2bluray:
0m 05.65s: Config ExBar successful.
0m 05.65s: dvd2dvd have 8 elements.
0m 05.90s: dvd2mobile have 29 elements.
0m 06.88s: blu-ray2blu-ray have 4 elements.
0m 06.95s: blu-ray2mobile have 18 elements.
0m 07.55s: blu-ray23d have 7 elements.
0m 07.74s: blu-ray2dvd have 1 elements.
0m 07.78s: file2mobile have 28 elements.
0m 08.70s: file2dvd have 1 elements.
0m 08.72s: file2bluray have 1 elements.
0m 09.16s: Config work ui controls successful.
0m 09.35s: Init burn engine successful.
0m 09.44s: StartNotify successful.
0m 09.44s: opening drive D
0m 09.45s: got media type 15
0m 09.98s: got max lba 24397247
0m 10.60s: type Blu-ray BDMV
0m 10.60s: volume label WW
0m 11.06s: aacs 1 bd+ 1
0m 44.65s: Java protection is removed by StealthyClone anti-protection.
0m 44.87s: got discinfo
0m 45.03s: got bdmv
0m 45.03s: Vendor: Optiarc
0m 45.03s: Product: BD ROM BC-5500S4
0m 45.03s: Revision: 1.Va
0m 45.03s: Vendor specific: Oct06,2009
0m 45.03s: AACS version: 1
0m 45.03s: Number of concurrent AGIDs: 4
0m 45.03s: Supports bus encryption: NO
0m 45.03s: Supports binding nonce generation: YES
0m 45.03s: Supports Hybrid discs: NO
0m 45.03s: got agid 0
0m 45.06s: sent host cert chal
0m 45.06s: got drive cert chal
0m 45.06s: BEC 0
0m 45.06s: DRIVE_VENDOR 0x0002
0m 45.08s: got drive key
0m 45.59s: got host key signature
0m 45.59s: verified drive signature
0m 45.59s: verified host signature
0m 45.62s: sent host signature and key point
0m 45.63s: got bus key
0m 50.32s: got agid 0
0m 50.35s: sent host cert chal
0m 50.35s: got drive cert chal
0m 50.35s: BEC 0
0m 50.35s: DRIVE_VENDOR 0x0002
0m 50.37s: got drive key
0m 50.37s: got host key signature
0m 50.37s: verified drive signature
0m 50.38s: verified host signature
0m 50.42s: sent host signature and key point
0m 50.42s: got bus key
0m 50.43s: got volume id
0m 50.43s: got volume id mac
0m 50.43s: volume id is correct
0m 50.43s: got vid
0m 50.56s: blu-ray E6363BCA5681E2B03D4F5BB637A659D5B443CD77
0m 51.14s: cert BEE=0x00 same
0m 52.28s: D 34F3AD1C
0m 56.71s: got vuk
0m 56.71s: got fut
0m 57.44s: got unit key 7
0m 39.83s: stream(2,3,0)/clip(2,3,6) infos are not the same, using clip info to regulate it.
0m 47.42s: got extended bdinfo
0m 47.42s: opened blu-ray
0m 53.03s: WorkAttr::Init Start
0m 53.08s: WorkAttr::Init OK: mkv.remux
0m 25.80s: WorkAttr::Init Start
0m 25.85s: WorkAttr::Init OK: mkv.remux
0m 02.85s:
------ begin mobile work(1/1) ------
0m 02.85s: info: create config(5)
0m 02.85s: info: convert profile(mkv.remux)
0m 02.85s: info: bluray playlist(851),angle(0),chapter(1->45),3D(0)
0m 02.85s: info: streams((4113.1)(4352.1)(4354.1)(4359.1)(4608.16)(4616.16)(4618.16)(4624.16))
0m 02.87s: info: subpicture preset(2), mode(10)
0m 02.87s: info: subpicture preset(2), mode(10)
0m 02.87s: info: subpicture preset(2), mode(10)
0m 02.87s: info: subpicture preset(2), mode(10)
0m 02.88s: subpicture(4608) mode(10)
0m 02.88s: info: processing source(01106.m2ts)
0m 21.19s: ------ cancel all mobile work -------